Certificates offer a straightforward and effective way to turn market expectations into investments or to hedge a portfolio.
Certificates are listed securities with the legal character of a complex debt instrument. They are issued by banks and have settlement terms on expiration that are known and guaranteed at the time of issue. There are several types of products, each with a specific investment and risk profile.
Listed on NYSE Euronext exchanges and traded like shares, certificates provide significant profit potential and the benefit of knowing the maximum loss potential in advance. In return for a modest outlay, they provide investors with significant profit potential, while the maximum loss is known in advance.