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Investment Banking & Investment Services
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ETN
Coba ETN -4x NDXF Daily Short Index is an exchange traded note launched by Commerzbank AG. The note seeks to track the performance of the -4x NDXF 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 NASDAQ 100 Index. It represents the public equity markets of countries across the globe. The index tracks short positions in the future contract on the stocks of companies operating across diversified sectors, excluding the financials sector. The underlying index represents the stocks of large-cap companies. The ETN will mature on December 31, 2049. Coba ETN -4x NDXF Daily Short Index was formed on February 14, 2012 and is domiciled in Germany.
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