Vontobel expands into the Norwegian market for Exchange Traded Products with the launch of a range of leveraged products. With these new Norwegian listings from Vontobel, Nordic Growth Market is further strengthening its position as a leading exchange for Nordic ETP´s.
Vontobel enters the Norwegian market by offering Bull & Bear certificates traded on NGM. Bull & Bear certificates offer a simple and efficient way to profit from market trends in both rising and falling markets by leveraging daily price performance of a reference instrument such as a share or an index. Leveraged products are suitable for investors seeking to actively trade with a broad range of asset classes in bull and bear scenarios or can be used for portfolio protection.
"We are seeing strong demand for leveraged products – especially Bull & Bear certificates – from private investors and institutional clients in Norway. Combined with our many years of expertise in this product category, this creates the ideal conditions for Vontobel’s entry into the Norwegian market for leveraged products", says Heiko Geiger, Head Flow Products Distribution at Vontobel.
NGM offers ETP investment opportunities in all four Nordic countries. ETP´s provide investors with the opportunity to position themselves long or short on indices, equities, commodities and cryptos. The instruments are traded in local currency and settled locally.
“Nordic Growth Market has been a dedicated partner for developing and supporting the Nordic ETP market for more than 15 years. We are delighted that Vontobel is bringing their successful offering from other Nordic countries to Norway. The ETP turnover has increased by more than 78% in the previous quarter and we continue to see a strong demand especially in times of increased market volatility”, says Joel Boija, Head of ETP’s at NGM.
Joel Boija, Head of ETP’s at Nordic Growth Market
Henrik Herrmann, Director Nordic Flow Products Distribution at Vontobel