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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
ORK	BEAR ORKLA HA	SHB	15.22	15.28	15.11	0.08	09:47	14.27	22 May	0.05	1
GOLD	BEAR GULL HA	SHB	17.20	17.36	11.68	-	24 Jan	16.39	22 May	0.00	0
MHG	BEAR MARINE HARVE ...	DNM	7.83	7.88	7.57	-	21 May	7.65	22 May	0.00	0
BRENT	BULL OLJE HA	SHB	91.00	91.10	91.55	-1.88	10:03	93.43	22 May	0.03	1
REC	BEAR REC HA	SHB	1.30	1.56	1.52	0.15	10:17	1.38	22 May	0.09	4
ALU	BEAR ALU HA	SHB	37.71	38.05	26.70	-	13 Feb	36.59	22 May	0.00	0
ORK	BULL ORK X3 ETN DNM	DNM	39.07	39.26	42.49	-	15 May	43.69	22 May	0.00	0
COPP	BULL KOBBER HA	SHB	40.36	40.87	45.13	-	19 Mar	42.80	22 May	0.00	0
AKSO	BULL AKSO ETN DNM	DNM	18.84	18.97	20.01	-	21 May	20.32	22 May	0.00	0
YAR	BEAR YAR X3 ETN DNM	DNM	8.68	8.72	8.74	0.15	09:58	8.59	22 May	1.84	12
OBOSX	BEAR OBOSX DNM	DNM	8.04	8.06	7.70	-	25 Apr	7.65	22 May	0.00	0
SUBC	BULL SUBC ETN DNM	DNM	24.22	24.38	25.58	-	22 May	25.58	22 May	0.00	0
BRENT	BRENT DNM	DNM	33.91	33.97	34.23	-	22 May	34.23	22 May	0.00	0
ALU	BULL ALU HA	SHB	25.18	25.51	27.45	-	24 Apr	25.62	22 May	0.00	0
EL	BEAR EL DNM	DNM	48.13	48.41	47.49	-	16 May	47.04	22 May	0.00	0
PGS	BEAR PGS ETN DNM	DNM	4.37	4.40	4.44	-	16 May	4.26	22 May	0.00	0
GOLD	GULL ETN DNM	DNM	24.04	24.15	24.26	-	22 May	24.26	22 May	0.00	0
NHY	BULL NHY HA	SHB	15.60	15.67	16.32	-	21 May	16.35	22 May	0.00	0
EL	BULL EL DNM	DNM	3.27	3.33	3.35	-	22 May	3.35	22 May	0.00	0
BRENT	BEAR BRENT DNM	DNM	8.28	8.32	8.23	0.26	09:03	7.86	22 May	0.00	1
OBOSX	OBOSX DNM	DNM	34.31	34.39	34.10	-	Nov 12	35.30	22 May	0.00	0
AKSO	BEAR AKSO ETN DNM	DNM	14.57	14.66	14.77	1.11	09:02	13.67	22 May	0.04	1
STL	BULL STL X3 ETN DNM	DNM	27.59	27.75	27.78	-0.13	09:47	27.91	22 May	0.08	2
OBX	BULL OBX X3 ETN DNM	DNM	21.77	21.87	21.77	-1.25	09:06	23.02	22 May	0.13	1
ORK	BULL ORKLA HA	SHB	73.30	73.50	72.35	-	2 May	78.85	22 May	0.00	0
COPP	BEAR KOBBER HA	SHB	18.38	18.59	15.95	-	27 Feb	17.15	22 May	0.00	0
EL	EL DNM	DNM	10.03	10.09	10.10	-	21 Jan	10.10	22 May	0.00	0
GOLD	BEAR GULL ETN DNM	DNM	21.55	21.66	22.10	-	21 May	20.51	22 May	0.00	0
YAR	BEAR YARA ETN DNM	DNM	16.89	16.95	14.90	-	4 Feb	16.77	22 May	0.00	0
TEL	BEAR TELENOR ETN DNM	DNM	8.02	8.06	12.25	-	Oct 12	7.79	22 May	0.00	0
YAR	BEAR YARA HA	SHB	5.27	5.31	5.23	-	27 Feb	5.25	22 May	0.00	0
GOLD	BULL GULL ETN DNM	DNM	21.05	21.16	21.16	0.50	09:05	21.67	22 May	0.00	1
NHY	BULL NORSK HYDRO ...	DNM	7.25	7.30	7.33	-0.30	09:38	7.63	22 May	0.07	1
RCL	BULL RCL ETN DNM	DNM	51.65	52.05	55.15	-	21 May	54.50	22 May	0.00	0
STL	BEAR STL X3 ETN DNM	DNM	11.17	11.23	11.59	-	16 May	11.08	22 May	0.00	0
STL	BEAR STL HA	SHB	21.61	21.68	20.85	-	Apr 12	21.48	22 May	0.00	0
OBX	BEAR OBX X3 ETN DNM	DNM	11.03	11.10	11.00	0.47	09:11	10.53	22 May	0.26	3
NHY	BEAR NORSK HYDRO ...	DNM	31.47	31.64	31.80	-	14 May	30.18	22 May	0.00	0
STL	BULL STL HA	SHB	54.00	54.10	54.15	-0.35	09:55	54.45	22 May	8.12	1
OBOSX	BULL OBOSX DNM	DNM	34.77	34.88	37.98	-	16 Jan	36.81	22 May	0.00	0
SDRL	BEAR SEADRILL ETN DNM	DNM	10.01	10.04	9.74	-	21 May	9.68	22 May	0.00	0
GJF	BULL GJF X3 ETN DNM	DNM	71.90	72.45	79.75	-	16 May	76.85	22 May	0.00	0
REC	BULL REC ETN DNM	DNM	3.85	3.89	3.88	-0.50	10:20	4.39	22 May	0.46	23
NHY	BEAR NHY HA	SHB	63.15	63.50	60.50	-	22 May	60.50	22 May	0.00	0
STL	BULL STATOIL ETN DNM	DNM	24.14	24.25	24.79	-	25 Apr	24.39	22 May	0.00	0
YAR	BULL YARA HA	SHB	72.00	72.20	72.10	-	10 May	72.73	22 May	0.00	0
STB	BULL STB ETN DNM	DNM	14.63	14.72	15.06	-	16 May	15.41	22 May	0.00	0
PGS	BULL PGS ETN DNM	DNM	36.24	36.48	36.20	-1.32	10:01	37.52	22 May	0.16	1
MHG	BULL MARINE HARVE ...	DNM	15.74	15.87	15.80	-0.61	09:06	16.25	22 May	0.16	1
GOLD	BULL GULL HA	SHB	72.75	73.80	73.40	-	16 May	75.25	22 May	0.00	0
TEL	BEAR TEL X3 ETN DNM	DNM	8.85	8.92	8.58	-	16 May	8.47	22 May	0.00	0
SDRL	BULL SEADRILL ETN DNM	DNM	37.12	37.24	37.51	-	7 May	38.53	22 May	0.00	0
DNB	BEAR DNBNOR HA	SHB	7.82	7.89	7.58	-	21 May	7.59	22 May	0.00	0
YAR	BULL YAR X3 ETN DNM	DNM	14.30	14.37	14.13	-0.40	09:17	14.53	22 May	0.39	3
RCL	BEAR RCL ETN DNM	DNM	4.54	4.57	4.49	0.15	09:03	4.35	22 May	0.02	1
TEL	BULL TELENOR ETN DNM	DNM	51.25	51.60	47.73	-	17 Apr	53.15	22 May	0.00	0
STL	BEAR STATOIL ETN DNM	DNM	16.42	16.50	17.09	-	2 May	16.34	22 May	0.00	0
ORK	BEAR ORK X3 ETN DNM	DNM	11.64	11.69	11.20	0.64	09:11	10.56	22 May	0.00	1
EL	BULL EL HA	SHB	8.91	9.06	10.28	-	15 Mar	9.12	22 May	0.00	0
OBX	BEAR OBX X3 HA	SHB	8.28	8.30	8.30	-	09:58	8.30	22 May	0.01	2
TEL	BULL TEL X3 ETN DNM	DNM	48.35	48.75	51.28	-	21 May	51.08	22 May	0.00	0
REC	BULL REC HA	SHB	113.00	114.15	114.55	-13.85	10:02	128.40	22 May	0.06	3
DNB	BULL DNBNOR HA	SHB	98.95	99.20	102.78	-	22 May	102.78	22 May	0.00	0
EL	BEAR EL HA	SHB	110.85	112.45	109.80	-	15 May	108.88	22 May	0.00	0
BRENT	BULL BRENT DNM	DNM	41.55	41.81	42.02	-	10 May	42.96	22 May	0.00	0
YAR	BULL YARA ETN DNM	DNM	13.78	13.84	13.56	-	30 Apr	13.94	22 May	0.00	0
BRENT	BEAR OLJE HA	SHB	9.19	9.29	9.06	-	14 May	8.75	22 May	0.00	0
STB	BEAR STB ETN DNM	DNM	17.62	17.75	17.31	-	14 May	16.89	22 May	0.00	0
OBX	BULL OBX X3 HA	SHB	81.90	82.25	86.30	-	22 May	86.30	22 May	0.00	0
RCL	BULL RCL HA	SHB	30.62	30.92	32.34	-	22 May	32.34	22 May	0.00	0
SUBC	BEAR SUBC ETN DNM	DNM	11.51	11.58	9.23	-	21 Mar	10.99	22 May	0.00	0
GJF	BEAR GJF X3 ETN DNM	DNM	6.04	6.08	6.00	0.49	10:03	5.72	22 May	0.06	2