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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
OBOSX	OBOSX DNM	DNM	34.61	34.69	34.10	-	Nov 12	34.65	16 May	0.00	0
GOLD	GULL ETN DNM	DNM	24.02	24.13	24.96	-	13 May	24.08	16 May	0.00	0
EL	EL DNM	DNM	10.12	10.18	10.10	-	21 Jan	10.15	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
YAR	BULL YARA ETN DNM	DNM	13.86	13.90	13.56	-	30 Apr	13.88	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
TEL	BULL TELENOR ETN DNM	DNM	52.60	52.85	47.73	-	17 Apr	52.73	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
SUBC	BULL SUBC ETN DNM	DNM	24.53	24.69	25.04	-0.48	16 May	24.61	16 May	0.03	2
STL	BULL STL X3 ETN DNM	DNM	26.68	26.91	27.00	-1.07	16 May	26.80	16 May	0.80	5
STL	BULL STL HA	SHB	52.85	52.95	54.50	-	15 May	52.90	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
STL	BULL STATOIL ETN DNM	DNM	23.61	23.76	24.79	-	25 Apr	23.69	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
REC	BULL REC HA	SHB	106.30	107.05	112.00	-9.42	16 May	106.68	15 May	0.15	6
REC	BULL REC ETN DNM	DNM	3.61	3.64	3.64	-0.27	16 May	3.63	16 May	0.36	20
RCL	BULL RCL HA	SHB	35.15	35.69	33.65	-	25 Apr	35.42	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
PGS	BULL PGS ETN DNM	DNM	35.94	36.13	36.75	2.29	16 May	36.04	16 May	0.85	6
ORK	BULL ORKLA HA	SHB	77.60	78.10	72.35	-	2 May	77.85	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 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
OBX	BULL OBX X3 ETN DNM	DNM	22.18	22.28	22.33	0.10	16 May	22.23	16 May	0.01	1
OBOSX	BULL OBOSX DNM	DNM	35.42	35.55	37.98	-	16 Jan	35.49	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
NHY	BULL NHY HA	SHB	15.46	15.52	15.22	-	15 May	15.49	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
COPP	BULL KOBBER HA	SHB	39.54	40.05	45.13	-	19 Mar	39.80	16 May	0.00	0
GOLD	BULL GULL HA	SHB	72.90	73.90	73.65	-5.65	16 May	73.40	16 May	0.02	1
GOLD	BULL GULL ETN DNM	DNM	21.09	21.20	22.19	-	15 May	21.15	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
EL	BULL EL HA	SHB	9.05	9.20	10.28	-	15 Mar	9.13	16 May	0.00	0
EL	BULL EL DNM	DNM	3.33	3.39	3.47	-	14 May	3.36	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 BRENT DNM	DNM	43.12	43.38	42.02	-	10 May	43.25	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
AKSO	BULL AKSO ETN DNM	DNM	18.53	18.70	19.08	-	14 May	18.62	16 May	0.00	0
BRENT	BRENT DNM	DNM	34.49	34.55	34.95	-	3 Jan	34.52	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
YAR	BEAR YARA ETN DNM	DNM	16.81	16.87	14.90	-	4 Feb	16.84	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 TELENOR ETN DNM	DNM	7.83	7.87	12.25	-	Oct 12	7.85	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
SUBC	BEAR SUBC ETN DNM	DNM	11.40	11.46	9.23	-	21 Mar	11.43	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
STL	BEAR STL HA	SHB	22.07	22.18	20.85	-	Apr 12	22.13	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
SDRL	BEAR SEADRILL ETN DNM	DNM	10.07	10.13	10.15	-	13 May	10.10	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
RCL	BEAR RCL ETN DNM	DNM	3.96	3.97	3.93	-0.06	16 May	3.97	16 May	0.79	4
PGS	BEAR PGS ETN DNM	DNM	4.42	4.46	4.41	-0.25	16 May	4.44	16 May	0.18	2
ORK	BEAR ORKLA HA	SHB	14.42	14.50	15.03	-	6 May	14.46	16 May	0.00	0
ORK	BEAR ORK X3 ETN DNM	DNM	10.72	10.80	11.16	-	14 May	10.76	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
OBX	BEAR OBX X3 HA	SHB	8.00	9.60	8.13	-0.42	16 May	8.80	16 May	0.04	2
OBX	BEAR OBX X3 ETN DNM	DNM	10.87	10.93	10.93	0.03	16 May	10.90	16 May	0.28	5
OBOSX	BEAR OBOSX DNM	DNM	7.92	7.94	7.70	-	25 Apr	7.93	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
NHY	BEAR NHY HA	SHB	63.90	64.05	63.68	-	14 May	63.98	16 May	0.00	0
MHG	BEAR MARINE HARVE ...	DNM	8.13	8.19	8.16	0.29	16 May	8.16	16 May	0.02	1
COPP	BEAR KOBBER HA	SHB	18.74	18.95	15.95	-	27 Feb	18.85	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
GOLD	BEAR GULL ETN DNM	DNM	21.48	21.59	21.91	1.14	16 May	21.54	16 May	0.00	1
GJF	BEAR GJF X3 ETN DNM	DNM	5.50	5.53	5.85	-	10 May	5.52	16 May	0.00	0
EL	BEAR EL HA	SHB	108.95	110.55	109.80	-	15 May	109.75	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
DNB	BEAR DNBNOR HA	SHB	7.82	7.91	7.93	-	15 May	7.87	16 May	0.00	0
BRENT	BEAR BRENT DNM	DNM	7.95	7.99	8.00	-0.33	16 May	7.97	16 May	0.25	2
ALU	BEAR ALU HA	SHB	37.96	38.28	26.70	-	13 Feb	38.12	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