Frankfurt warrants exchange: Bitcoin certificate most popular product in 2019
January 7, 2020

A bitcoin-tracking certificate was the most popular investment product on Frankfurt´s warrants exchange in 2019. Mini-futures on the Dow Jones and on Barrick Gold were the most active leveraged products. The total trading volume in structured products was EUR 12.3 billion, ten percent less than in 2018.

The total number of executed orders in structured products was 2.2 million in 2019. While this number was lower than in 2018, the average traded volume per order increased from EUR 5,300 to EUR 5,700. The turnover share of international participants also increased to more than 15 percent.

“With certificates, good returns were also possible in 2019, in some cases with lower risk than with a direct investment in shares”, said Simone Kahnt-Eckner, Board Member of Börse Frankfurt Zertifikate.

“Investors also appreciate certificates as a vehicle for participating in assets that would otherwise be difficult or impossible for them to access. This is shown, for instance, by the popularity of the bitcoin certificate.

“However, structured products with underlyings such as gold, silver or palladium were also in great demand, as well as indices on industry sectors that are currently in trend”.

With 2 million trades, the vast majority of these transactions were attributable to the leveraged products. Only about one tenth of these orders �" 200,000 transactions �" were executed in investment products, but these had an average order volume 7.5 times higher.

Explains Florian Claus, Board Member of Börse Frankfurt Zertifikate: “Leveraged products enable the risk-conscious investor to optimize a portfolio’s performance with a low capital investment. At the same time, these products can be used to hedge equity positions or entire portfolios.”

“In the current zero-interest rate environment, we can only emphasize again and again that, in the long run, there is no way to avoid saving with securities. And structured products are quite a sensible addition to portfolios that can be used to cover almost all conceivable scenarios.”





This site, like many others, uses small files called cookies to customize your experience. Cookies appear to be blocked on this browser. Please consider allowing cookies so that you can enjoy more content across globalcustody.net.

How do I enable cookies in my browser?

Internet Explorer
1. Click the Tools button (or press ALT and T on the keyboard), and then click Internet Options.
2. Click the Privacy tab
3. Move the slider away from 'Block all cookies' to a setting you're comfortable with.

Firefox
1. At the top of the Firefox window, click on the Tools menu and select Options...
2. Select the Privacy panel.
3. Set Firefox will: to Use custom settings for history.
4. Make sure Accept cookies from sites is selected.

Safari Browser
1. Click Safari icon in Menu Bar
2. Click Preferences (gear icon)
3. Click Security icon
4. Accept cookies: select Radio button "only from sites I visit"

Chrome
1. Click the menu icon to the right of the address bar (looks like 3 lines)
2. Click Settings
3. Click the "Show advanced settings" tab at the bottom
4. Click the "Content settings..." button in the Privacy section
5. At the top under Cookies make sure it is set to "Allow local data to be set (recommended)"

Opera
1. Click the red O button in the upper left hand corner
2. Select Settings -> Preferences
3. Select the Advanced Tab
4. Select Cookies in the list on the left side
5. Set it to "Accept cookies" or "Accept cookies only from the sites I visit"
6. Click OK

A bitcoin-tracking certificate was the most popular investment product on Frankfurt´s warrants exchange in 2019. Mini-futures on the Dow Jones and on Barrick Gold were the most active leveraged products. The total trading volume in structured products was EUR 12.3 billion, ten percent less than in 2018.

The total number of executed orders in structured products was 2.2 million in 2019. While this number was lower than in 2018, the average traded volume per order increased from EUR 5,300 to EUR 5,700. The turnover share of international participants also increased to more than 15 percent.

“With certificates, good returns were also possible in 2019, in some cases with lower risk than with a direct investment in shares”, said Simone Kahnt-Eckner, Board Member of Börse Frankfurt Zertifikate.

“Investors also appreciate certificates as a vehicle for participating in assets that would otherwise be difficult or impossible for them to access. This is shown, for instance, by the popularity of the bitcoin certificate.

“However, structured products with underlyings such as gold, silver or palladium were also in great demand, as well as indices on industry sectors that are currently in trend”.

With 2 million trades, the vast majority of these transactions were attributable to the leveraged products. Only about one tenth of these orders �" 200,000 transactions �" were executed in investment products, but these had an average order volume 7.5 times higher.

Explains Florian Claus, Board Member of Börse Frankfurt Zertifikate: “Leveraged products enable the risk-conscious investor to optimize a portfolio’s performance with a low capital investment. At the same time, these products can be used to hedge equity positions or entire portfolios.”

“In the current zero-interest rate environment, we can only emphasize again and again that, in the long run, there is no way to avoid saving with securities. And structured products are quite a sensible addition to portfolios that can be used to cover almost all conceivable scenarios.”



Free subscription - selected news and optional newsletter
Premium subscription
  • All latest news
  • Latest special reports
  • Your choice of newsletter timing and topics
Full-access magazine subscription
  • 7-year archive of news
  • All past special reports
  • Newsletter with your choice of timing and topics
  • Access to more content across the site