The FSS has warned investors in leverage and inverse ETNs of discrepancies between the market price and intrinsic value as several commodity-linked notes are suspended.
The Financial Supervisory Services (FSS) has issued an investor warning on the inverse and leverage (I&L) exchange-traded notes (ETNs) linked to crude oil and Nickle in view of their high disparate ratio. Unstable conditions in the raw material market are likely to continue until related international issues are resolved The move comes after five inverse ELNs linked to commodities were either designated as ‘investment risk issues’ or saw their trading suspended during the pas
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