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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	BEAR REC HA	SHB	1.36	1.40	1.41	-0.37	21 May	1.38	16 May	0.92	86
REC	BULL REC ETN DNM	DNM	4.47	4.50	4.46	0.84	21 May	4.49	21 May	0.86	38
RCL	BEAR RCL ETN DNM	DNM	4.27	4.29	4.29	0.33	21 May	4.28	21 May	1.97	11
OBX	BEAR OBX X3 HA	SHB	7.95	8.10	7.97	-0.83	21 May	8.03	21 May	0.41	10
REC	BULL REC HA	SHB	131.05	132.25	129.90	23.23	21 May	131.65	16 May	0.21	9
BRENT	BULL OLJE HA	SHB	95.35	96.35	95.40	4.03	21 May	95.85	21 May	1.04	5
NHY	BULL NHY HA	SHB	16.28	16.36	16.00	0.78	21 May	16.32	21 May	6.42	5
STL	BULL STL X3 ETN DNM	DNM	27.17	27.40	27.15	0.35	21 May	27.29	21 May	0.72	4
OBX	BEAR OBX X3 ETN DNM	DNM	10.55	10.58	10.62	-0.28	21 May	10.57	21 May	0.56	4
YAR	BULL YAR X3 ETN DNM	DNM	14.49	14.60	14.48	0.04	21 May	14.55	21 May	0.13	4
OBX	BULL OBX X3 HA	SHB	-	90.00	86.00	2.90	21 May	86.00	21 May	0.19	4
AKSO	BULL AKSO ETN DNM	DNM	19.91	20.10	19.60	0.53	21 May	20.01	21 May	0.33	3
RCL	BULL RCL ETN DNM	DNM	54.80	55.50	55.85	-0.67	21 May	55.15	21 May	0.11	3
PGS	BULL PGS ETN DNM	DNM	37.63	37.87	37.00	0.97	21 May	37.75	21 May	0.39	3
MHG	BULL MARINE HARVE ...	DNM	16.36	16.46	16.26	0.39	21 May	16.41	21 May	0.19	3
YAR	BEAR YAR X3 ETN DNM	DNM	8.55	8.61	8.77	-0.07	21 May	8.58	21 May	0.35	2
GOLD	BULL GULL ETN DNM	DNM	20.61	20.72	21.30	-0.88	21 May	20.67	21 May	0.23	2
NHY	BULL NORSK HYDRO ...	DNM	7.59	7.63	7.50	0.28	21 May	7.61	21 May	0.17	2
MHG	BEAR MARINE HARVE ...	DNM	7.54	7.59	7.56	-0.60	21 May	7.57	21 May	0.00	1
SUBC	BULL SUBC ETN DNM	DNM	25.23	25.43	24.49	-0.12	21 May	25.33	21 May	0.02	1
OBX	BULL OBX X3 ETN DNM	DNM	22.89	22.98	22.44	0.21	21 May	22.94	21 May	0.22	1
GOLD	BEAR GULL ETN DNM	DNM	22.04	22.15	21.85	0.32	21 May	22.10	21 May	0.04	1
STL	BULL STL HA	SHB	53.55	53.70	54.50	-	15 May	53.63	21 May	8.00	1
SDRL	BEAR SEADRILL ETN DNM	DNM	9.71	9.77	9.78	-0.37	21 May	9.74	21 May	0.02	1
DNB	BEAR DNBNOR HA	SHB	7.56	7.60	7.68	-0.25	21 May	7.58	21 May	0.15	1
TEL	BULL TEL X3 ETN DNM	DNM	51.10	51.45	51.55	1.83	21 May	51.28	21 May	0.03	1
GJF	BEAR GJF X3 ETN DNM	DNM	5.49	5.53	5.53	-0.31	21 May	5.51	21 May	0.12	1
ORK	BEAR ORKLA HA	SHB	14.22	14.28	15.03	-	6 May	14.25	21 May	0.00	0
GOLD	BEAR GULL HA	SHB	17.55	17.71	11.68	-	24 Jan	17.63	21 May	0.00	0
ALU	BEAR ALU HA	SHB	37.19	37.51	26.70	-	13 Feb	37.35	21 May	0.00	0
ORK	BULL ORK X3 ETN DNM	DNM	43.62	43.81	42.49	-	15 May	43.72	21 May	0.00	0
COPP	BULL KOBBER HA	SHB	42.02	42.53	45.13	-	19 Mar	42.28	21 May	0.00	0
OBOSX	BEAR OBOSX DNM	DNM	7.67	7.69	7.70	-	25 Apr	7.68	21 May	0.00	0
BRENT	BRENT DNM	DNM	34.87	34.93	34.95	-	3 Jan	34.90	21 May	0.00	0
ALU	BULL ALU HA	SHB	25.53	25.84	27.45	-	24 Apr	25.69	21 May	0.00	0
EL	BEAR EL DNM	DNM	47.65	47.79	47.49	-	16 May	47.72	21 May	0.00	0
PGS	BEAR PGS ETN DNM	DNM	4.21	4.25	4.44	-	16 May	4.23	21 May	0.00	0
GOLD	GULL ETN DNM	DNM	23.77	23.88	24.96	-	13 May	23.83	21 May	0.00	0
EL	BULL EL DNM	DNM	3.32	3.38	3.47	-	14 May	3.35	21 May	0.00	0
BRENT	BEAR BRENT DNM	DNM	7.82	7.86	7.97	-	16 May	7.84	21 May	0.00	0
OBOSX	OBOSX DNM	DNM	35.17	35.24	34.10	-	Nov 12	35.21	21 May	0.00	0
AKSO	BEAR AKSO ETN DNM	DNM	13.80	13.96	15.48	-	8 May	13.88	21 May	0.00	0
ORK	BULL ORKLA HA	SHB	78.80	79.15	72.35	-	2 May	78.98	21 May	0.00	0
COPP	BEAR KOBBER HA	SHB	17.66	17.87	15.95	-	27 Feb	17.77	21 May	0.00	0
EL	EL DNM	DNM	10.10	10.16	10.10	-	21 Jan	10.13	21 May	0.00	0
YAR	BEAR YARA ETN DNM	DNM	16.71	16.81	14.90	-	4 Feb	16.76	21 May	0.00	0
TEL	BEAR TELENOR ETN DNM	DNM	7.74	7.78	12.25	-	Oct 12	7.76	21 May	0.00	0
YAR	BEAR YARA HA	SHB	5.22	5.26	5.23	-	27 Feb	5.24	21 May	0.00	0
STL	BEAR STL X3 ETN DNM	DNM	11.32	11.41	11.59	-	16 May	11.37	21 May	0.00	0
STL	BEAR STL HA	SHB	21.80	21.91	20.85	-	Apr 12	21.86	21 May	0.00	0
NHY	BEAR NORSK HYDRO ...	DNM	30.14	30.32	31.80	-	14 May	30.23	21 May	0.00	0
OBOSX	BULL OBOSX DNM	DNM	36.57	36.66	37.98	-	16 Jan	36.62	21 May	0.00	0
GJF	BULL GJF X3 ETN DNM	DNM	79.55	80.00	79.75	-	16 May	79.78	21 May	0.00	0
NHY	BEAR NHY HA	SHB	60.45	60.70	63.68	-	14 May	60.58	21 May	0.00	0
STL	BULL STATOIL ETN DNM	DNM	23.90	24.05	24.79	-	25 Apr	23.98	21 May	0.00	0
YAR	BULL YARA HA	SHB	72.70	72.95	72.10	-	10 May	72.83	21 May	0.00	0
STB	BULL STB ETN DNM	DNM	15.03	15.11	15.06	-	16 May	15.07	21 May	0.00	0
GOLD	BULL GULL HA	SHB	71.15	72.20	73.40	-	16 May	71.68	21 May	0.00	0
TEL	BEAR TEL X3 ETN DNM	DNM	8.41	8.46	8.58	-	16 May	8.44	21 May	0.00	0
SDRL	BULL SEADRILL ETN DNM	DNM	38.22	38.45	37.51	-	7 May	38.34	21 May	0.00	0
TEL	BULL TELENOR ETN DNM	DNM	53.20	53.45	47.73	-	17 Apr	53.33	21 May	0.00	0
STL	BEAR STATOIL ETN DNM	DNM	16.57	16.68	17.09	-	2 May	16.63	21 May	0.00	0
ORK	BEAR ORK X3 ETN DNM	DNM	10.52	10.57	11.16	-	14 May	10.55	21 May	0.00	0
EL	BULL EL HA	SHB	9.01	9.14	10.28	-	15 Mar	9.08	21 May	0.00	0
DNB	BULL DNBNOR HA	SHB	102.85	103.10	99.38	-	16 May	102.98	21 May	0.00	0
EL	BEAR EL HA	SHB	109.25	110.55	109.80	-	15 May	109.90	21 May	0.00	0
BRENT	BULL BRENT DNM	DNM	43.99	44.25	42.02	-	10 May	44.12	21 May	0.00	0
YAR	BULL YARA ETN DNM	DNM	13.91	13.98	13.56	-	30 Apr	13.95	21 May	0.00	0
BRENT	BEAR OLJE HA	SHB	8.67	8.77	9.06	-	14 May	8.72	21 May	0.00	0
STB	BEAR STB ETN DNM	DNM	17.22	17.33	17.31	-	14 May	17.28	21 May	0.00	0
RCL	BULL RCL HA	SHB	32.60	32.95	33.65	-	25 Apr	32.78	21 May	0.00	0
SUBC	BEAR SUBC ETN DNM	DNM	11.06	11.14	9.23	-	21 Mar	11.10	21 May	0.00	0