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Investment Banking & Investment Services
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ETN
Coba ETN -4x DAXF Daily Short Index is an exchange traded note launched by Commerzbank AG. The note seeks to track the performance of the -4x DAXF Daily Short Index. The index tracks four times the inverse of the daily performance of a future contract which is derived from the underlying index, the DAX Index. It represents the public equity markets of Germany. The index tracks short positions in the future contract on the stocks of companies operating across diversified sectors. The underlying index represents the stocks of large-cap companies. The ETN will mature on December 31, 2049. Coba ETN -4x DAXF Daily Short Index was formed on December 2, 2011 and is domiciled in Germany.
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