Introduction
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Stocks and trading
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Derivatives
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Investment Certificates
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Types of certificates
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Index Certificate
Index certificate
A stock exchange in this case is the underlying asset. These certificates are not leveraged and the ratio between the development in the price of the certificate and the underlying asset is 1 to 1. This means that a drop or increase in the asset by 5% leads to a corresponding drop or increase in the price of the certificate by 5%.