Exane introduces Siemens to tame volatility in disruption basket

Exane Derivatives is distributing a three-year, leveraged growth structured product linked to the performance of an equally-weighted basket of three European stocks: ST Microelectronics, Siemens and Dassault Systemes. This product offers an upside gearing of 1.5x up to a cap of 145%. Capital is protected if the final basket level is at or above 80% of its initial level. The product has been created to be part of an industrial disruption theme, with Siemens shares introduced to contain the volat