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About ETNs

ETNs (Exchange traded notes) are securities that track an index, commodity, security or a basket of underlying assets. ETNs are traded on the stock exchange like shares in a listed company and some ETNs give investors access to markets that can be otherwise difficult to access. The risk exposure will depend on which underlying assets the ETN is linked to and whether or not the investment is leveraged. Reverse ETFs that offer positive return when the underlying security return is negative, are also offered. ETNs have one or more market makers committed to quoting binding bid and offer prices.

Useful links

Listing of ETPs

Trading in ETPs

Brochure: Exchange Traded Products (in Norwegian only)

ETF rules (pdf, 546 kB)

Warrant and ETN rules (pdf, 711 kB)

All ETNs

Und.	Name	Issuer	Bid	Ask	Last	+/-	Time	Close	Time	Amount	Trades
REC	BULL REC HA	SHB	106.30	107.05	112.00	-9.42	16 May	106.68	15 May	0.15	6
EL	BEAR EL HA	SHB	108.95	110.55	109.80	-	15 May	109.75	16 May	0.00	0
DNB	BULL DNBNOR HA	SHB	99.30	99.45	99.10	-3.03	16 May	99.38	16 May	0.03	1
BRENT	BULL OLJE HA	SHB	93.55	94.60	91.38	-	10 May	94.08	16 May	0.00	0
OBX	BULL OBX X3 HA	SHB	-	86.00	83.10	-	13 May	86.00	16 May	0.00	0
GJF	BULL GJF X3 ETN DNM	DNM	79.60	79.90	79.60	0.70	16 May	79.75	16 May	0.00	1
GOLD	BULL GULL HA	SHB	72.90	73.90	73.65	-5.65	16 May	73.40	16 May	0.02	1
ORK	BULL ORKLA HA	SHB	77.60	78.10	72.35	-	2 May	77.85	16 May	0.00	0
YAR	BULL YARA HA	SHB	72.35	72.50	72.10	-	10 May	72.43	16 May	0.00	0
NHY	BEAR NHY HA	SHB	63.90	64.05	63.68	-	14 May	63.98	16 May	0.00	0
RCL	BULL RCL ETN DNM	DNM	59.50	60.05	56.53	-	13 May	59.78	16 May	0.00	0
STL	BULL STL HA	SHB	52.85	52.95	54.50	-	15 May	52.90	16 May	0.00	0
TEL	BULL TEL X3 ETN DNM	DNM	50.30	50.60	49.72	-	15 May	50.45	16 May	0.00	0
EL	BEAR EL DNM	DNM	47.35	47.63	47.77	0.24	16 May	47.49	16 May	0.11	1
TEL	BULL TELENOR ETN DNM	DNM	52.60	52.85	47.73	-	17 Apr	52.73	16 May	0.00	0
COPP	BULL KOBBER HA	SHB	39.54	40.05	45.13	-	19 Mar	39.80	16 May	0.00	0
ORK	BULL ORK X3 ETN DNM	DNM	42.71	43.05	42.49	-	15 May	42.88	16 May	0.00	0
BRENT	BULL BRENT DNM	DNM	43.12	43.38	42.02	-	10 May	43.25	16 May	0.00	0
OBOSX	BULL OBOSX DNM	DNM	35.42	35.55	37.98	-	16 Jan	35.49	16 May	0.00	0
SDRL	BULL SEADRILL ETN DNM	DNM	36.91	37.13	37.51	-	7 May	37.02	16 May	0.00	0
PGS	BULL PGS ETN DNM	DNM	35.94	36.13	36.75	2.29	16 May	36.04	16 May	0.85	6
BRENT	BRENT DNM	DNM	34.49	34.55	34.95	-	3 Jan	34.52	16 May	0.00	0
OBOSX	OBOSX DNM	DNM	34.61	34.69	34.10	-	Nov 12	34.65	16 May	0.00	0
RCL	BULL RCL HA	SHB	35.15	35.69	33.65	-	25 Apr	35.42	16 May	0.00	0
NHY	BEAR NORSK HYDRO ...	DNM	31.85	31.99	31.80	-	14 May	31.92	16 May	0.00	0
ALU	BULL ALU HA	SHB	24.94	25.25	27.45	-	24 Apr	25.10	16 May	0.00	0
STL	BULL STL X3 ETN DNM	DNM	26.68	26.91	27.00	-1.07	16 May	26.80	16 May	0.80	5
ALU	BEAR ALU HA	SHB	37.96	38.28	26.70	-	13 Feb	38.12	16 May	0.00	0
SUBC	BULL SUBC ETN DNM	DNM	24.53	24.69	25.04	-0.48	16 May	24.61	16 May	0.03	2
GOLD	GULL ETN DNM	DNM	24.02	24.13	24.96	-	13 May	24.08	16 May	0.00	0
STL	BULL STATOIL ETN DNM	DNM	23.61	23.76	24.79	-	25 Apr	23.69	16 May	0.00	0
OBX	BULL OBX X3 ETN DNM	DNM	22.18	22.28	22.33	0.10	16 May	22.23	16 May	0.01	1
GOLD	BULL GULL ETN DNM	DNM	21.09	21.20	22.19	-	15 May	21.15	16 May	0.00	0
GOLD	BEAR GULL ETN DNM	DNM	21.48	21.59	21.91	1.14	16 May	21.54	16 May	0.00	1
STL	BEAR STL HA	SHB	22.07	22.18	20.85	-	Apr 12	22.13	16 May	0.00	0
AKSO	BULL AKSO ETN DNM	DNM	18.53	18.70	19.08	-	14 May	18.62	16 May	0.00	0
STB	BEAR STB ETN DNM	DNM	17.24	17.33	17.31	-	14 May	17.29	16 May	0.00	0
STL	BEAR STATOIL ETN DNM	DNM	16.78	16.88	17.09	-	2 May	16.83	16 May	0.00	0
COPP	BEAR KOBBER HA	SHB	18.74	18.95	15.95	-	27 Feb	18.85	16 May	0.00	0
MHG	BULL MARINE HARVE ...	DNM	15.24	15.37	15.88	-	15 May	15.31	16 May	0.00	0
AKSO	BEAR AKSO ETN DNM	DNM	14.93	15.06	15.48	-	8 May	15.00	16 May	0.00	0
NHY	BULL NHY HA	SHB	15.46	15.52	15.22	-	15 May	15.49	16 May	0.00	0
STB	BULL STB ETN DNM	DNM	15.03	15.08	15.05	0.10	16 May	15.06	16 May	0.03	1
ORK	BEAR ORKLA HA	SHB	14.42	14.50	15.03	-	6 May	14.46	16 May	0.00	0
YAR	BEAR YARA ETN DNM	DNM	16.81	16.87	14.90	-	4 Feb	16.84	16 May	0.00	0
YAR	BULL YAR X3 ETN DNM	DNM	14.41	14.46	14.38	0.25	16 May	14.44	16 May	0.90	8
YAR	BULL YARA ETN DNM	DNM	13.86	13.90	13.56	-	30 Apr	13.88	16 May	0.00	0
TEL	BEAR TELENOR ETN DNM	DNM	7.83	7.87	12.25	-	Oct 12	7.85	16 May	0.00	0
GOLD	BEAR GULL HA	SHB	17.11	17.26	11.68	-	24 Jan	17.19	16 May	0.00	0
STL	BEAR STL X3 ETN DNM	DNM	11.54	11.63	11.48	0.41	16 May	11.59	16 May	0.23	2
ORK	BEAR ORK X3 ETN DNM	DNM	10.72	10.80	11.16	-	14 May	10.76	16 May	0.00	0
OBX	BEAR OBX X3 ETN DNM	DNM	10.87	10.93	10.93	0.03	16 May	10.90	16 May	0.28	5
EL	BULL EL HA	SHB	9.05	9.20	10.28	-	15 Mar	9.13	16 May	0.00	0
SDRL	BEAR SEADRILL ETN DNM	DNM	10.07	10.13	10.15	-	13 May	10.10	16 May	0.00	0
EL	EL DNM	DNM	10.12	10.18	10.10	-	21 Jan	10.15	16 May	0.00	0
SUBC	BEAR SUBC ETN DNM	DNM	11.40	11.46	9.23	-	21 Mar	11.43	16 May	0.00	0
BRENT	BEAR OLJE HA	SHB	8.83	8.93	9.06	-	14 May	8.88	16 May	0.00	0
YAR	BEAR YAR X3 ETN DNM	DNM	8.63	8.66	8.84	-	15 May	8.65	16 May	0.00	0
TEL	BEAR TEL X3 ETN DNM	DNM	8.55	8.60	8.49	-0.21	16 May	8.58	16 May	0.04	1
MHG	BEAR MARINE HARVE ...	DNM	8.13	8.19	8.16	0.29	16 May	8.16	16 May	0.02	1
OBX	BEAR OBX X3 HA	SHB	8.00	9.60	8.13	-0.42	16 May	8.80	16 May	0.04	2
BRENT	BEAR BRENT DNM	DNM	7.95	7.99	8.00	-0.33	16 May	7.97	16 May	0.25	2
DNB	BEAR DNBNOR HA	SHB	7.82	7.91	7.93	-	15 May	7.87	16 May	0.00	0
OBOSX	BEAR OBOSX DNM	DNM	7.92	7.94	7.70	-	25 Apr	7.93	16 May	0.00	0
NHY	BULL NORSK HYDRO ...	DNM	7.21	7.24	7.23	-0.03	16 May	7.23	16 May	0.04	3
GJF	BEAR GJF X3 ETN DNM	DNM	5.50	5.53	5.85	-	10 May	5.52	16 May	0.00	0
YAR	BEAR YARA HA	SHB	5.25	5.28	5.23	-	27 Feb	5.27	16 May	0.00	0
PGS	BEAR PGS ETN DNM	DNM	4.42	4.46	4.41	-0.25	16 May	4.44	16 May	0.18	2
RCL	BEAR RCL ETN DNM	DNM	3.96	3.97	3.93	-0.06	16 May	3.97	16 May	0.79	4
REC	BULL REC ETN DNM	DNM	3.61	3.64	3.64	-0.27	16 May	3.63	16 May	0.36	20
EL	BULL EL DNM	DNM	3.33	3.39	3.47	-	14 May	3.36	16 May	0.00	0
REC	BEAR REC HA	SHB	1.75	1.80	1.72	0.13	16 May	1.78	15 May	0.21	18