April 21, 2010 PRESS RELEASE
NASDAQ OMX and Commerzbank launch new Exchange Traded Notes in Finland
Helsinki, April 21, 2010 — NASDAQ OMX Helsinki, part of the NASDAQ OMX Group,
Inc. (NASDAQ:NDAQ) today starts trading six new Exchange Traded Notes issued by
Commerzbank. The new range of Bull and Bear certificates consists of double
leveraged certificates on the Nokia, Fortum and UPM-Kymmene shares.
Lauri Rosendahl, President of NASDAQ OMX Helsinki said: "We are pleased to be
able to expand on our ETN offering with the new certificate products from
Commerzbank. In 2010 we have seen a significant increase in interest from
issuers to launch products in the Helsinki market, proving that this is a market
with a great growth potential."
"Our plan is to offer the Finnish investors a wider range of product types, so
that the investors can choose the most suitable product according to their
personal risk profile. We expect our Bull & Bear certificates to find their
place in the Finnish investors' portfolios as an attractive investment product.
With the double leveraged Bull & Bear-certificates we can offer an attractive
risk-reward combination to investors who are normally day-trading the underlying
shares", says product manager Johannes Ankelo from Commerzbank.
About certificates
An exchange traded certificate is a security that tracks an index, commodity,
currency or a basket of assets like an index fund, but trades like a stock on an
exchange. The simplest form of a certificate is an index certificate which
tracks a stock index. Depending on the certificate type (bull or bear), an
investor can benefit from either the rise or fall in the value of the underlying
asset. A leveraged certificate multiplies the movement of the underlying
instrument, which increases the potential return but also the risk level. A
certificate can have a closed end or an open end. Holders of the now issued
certificates do not receive any coupon payments during the life of the note, and
there is no principal protection for the investment.
About NASDAQ OMX
The NASDAQ OMX Group, Inc. is the world's largest exchange
company. It delivers trading, exchange technology and public company services
across six continents, with more than 3 600 listed companies. NASDAQ OMX offers
multiple capital raising solutions to companies around the globe, including its
U.S. listings market, NASDAQ OMX Nordic, NASDAQ OMX Baltic, NASDAQ OMX First
North, and the U.S. 144A sector. The company offers trading across multiple
asset classes including equities, derivatives, debt, commodities, structured
products and exchange-traded funds. NASDAQ OMX technology supports the
operations of over 70 exchanges, clearing organizations and central securities
depositories in more than 50 countries. NASDAQ OMX Nordic and NASDAQ OMX Baltic
are not legal entities but describe the common offering from NASDAQ OMX
exchanges in Helsinki, Copenhagen, Stockholm, Iceland, Tallinn, Riga, and
Vilnius. For more information about NASDAQ OMX, visit http://www.nasdaqomx.com.
Cautionary Note Regarding Forward-Looking Statements
The matters described herein contain forward-looking statements that are made
under the Safe Harbor provisions of the Private Securities Litigation Reform Act
of 1995. These statements include, but are not limited to, statements about
NASDAQ OMX's products and offerings. We caution that these statements are not
guarantees of future performance. Actual results may differ materially from
those expressed or implied in the forward-looking statements. Forward-looking
statements involve a number of risks, uncertainties or other factors beyond
NASDAQ OMX's control. These factors include, but are not limited to factors
detailed in NASDAQ OMX's annual report on Form 10-K, and periodic reports filed
with the U.S. Securities and Exchange Commission. We undertake no obligation to
release any revisions to any forward-looking statements.
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CONTACTS:
Anu Ilvonen
+ 358 9 6166 7206
Anu.ilvonen@nasdaqomx.com
