Turbo Certificate Short Palladium Future

BidEUR 4.580
May 08, 2024 14:28:27.805 UTC
AskEUR 4.620
May 08, 2024 14:28:27.805 UTC
chg. 1D+0.090 (+2.00%)
May 08, 2024 14:28:27.805 UTC
Underlying price (indicative) 962.18 (-1.36%)
May 08, 2024 14:28:38.000 UTC
BarrierUSD 1,383.51 Barr. Dist. %43.79% Leverage1.94

Name
Turbo Certificate Palladium Future
ISIN / WKN
AT0000A39DN0 / RC1B97
Underlying price (indicative)
USD 962.18 (-1.36%)
May 08, 2024 14:28:38.000
Barrier
USD 1,383.51
Distance to barrier
USD 421.33
Distance to barrier
43.79%
Barrier reached
no
Strike
USD 1,453.68
Leverage
1.94
Long/ short
Short
Tradeable unit/nominal value
1 unit
Multiplier
0.01
Product currency
EUR
Listing
Vienna, Stuttgart
About the term

Initial valuation date
Dec 21, 2023
Issue date
Dec 22, 2023
Final valuation date
-
Maturity date
open-end

Product classification
Leverage Product with Knock-Out
Security type (Eusipa No.)
Turbo Certificate (2210)
Turbo Certificate Type
Turbo Certificate Short
Country / region of underlying
Commodity
Suited market expectation
bearish
Issue price
2.22 EUR
Spread homogenised
4.00
Spread (in %)
0.87%
Underlying currency
USD
Settlement method
Cash settlement
Taxation
Capital Gains Tax / no Foreign Capital Gains Tax
Public offer possible in
Austria, Germany, Italy, Hungary, Poland, Czech Republic, Slovakia, Bulgaria, Croatia, Romania, Slovenia
Description

Turbo Certificates enable investors to participate with a leverage effect in the performance of the underlying. Short Turbo Certificates provide investors with above average profit opportunities in falling markets. If the underlying touches or surpasses the barrier (knock-out level), the Turbo Certificate expires prematurely. The investor may incur a total loss of the invested capital.

Barrier and strike are adjusted on a daily basis. In case the underlying quotes in a currency different to that of the certificate or in case the underlying is a commodity future (roll over), a deviation may occur.

TRADING HOURS

Products on Austrian underlyings

9:15 - 5:30 pm

Products on underlyings of CEE, Eastern Europe and Turkey

 

- Turkey, Czech Republic9:00 - 4:00 pm

- Poland, Hungary, Romania, CEE and Eastern Europe

9:15 - 4:50 pm

Products on other international underlyings and commodities
(incl. Germany and Switzerland)

9:00 - 8:00 pm
INFORMATION

Monday - Friday
8:00 am to 5:30 pm

T: +431717075454
E: info(at)raiffeisencertificates.com