ETNs come to Finland with listing on the Nasdaq Helsinki

Clare Dickinson
28 May 2010

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The listing brought 20 of Handelsbanken’s Bull and Bear daily leveraged ETNs to Finland. The notes track single stocks and commodities, currencies and the new OMX Helsinki 15 index. “There are not that many large [Finnish] corporations, so there is a lack of a liquid index,” says Anders Nicander, product manager for the Bull and Bear ETNs in the sales team at Handelsbanken in Sweden.

“There is the OMX H 25 index, but the stock market is too small for the largest 25 corporations. When we spoke to

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