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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
AKSO	BULL AKSO ETN DNM	DNM	19.10	19.22	18.90	-0.18	10:54	18.62	16 May	0.11	1
AKSO	BEAR AKSO ETN DNM	DNM	14.51	14.61	15.48	-	8 May	15.00	16 May	0.00	0
ALU	BEAR ALU HA	SHB	37.45	37.77	26.70	-	13 Feb	38.12	16 May	0.00	0
ALU	BULL ALU HA	SHB	25.45	25.76	27.45	-	24 Apr	25.10	16 May	0.00	0
BRENT	BULL OLJE HA	SHB	95.50	96.55	96.30	4.92	11:09	94.08	16 May	0.09	4
BRENT	BRENT DNM	DNM	34.93	34.99	34.95	-	3 Jan	34.52	16 May	0.00	0
BRENT	BEAR BRENT DNM	DNM	7.83	7.87	7.97	-	16 May	7.97	16 May	0.00	0
BRENT	BULL BRENT DNM	DNM	44.06	44.32	42.02	-	10 May	43.25	16 May	0.00	0
BRENT	BEAR OLJE HA	SHB	8.69	8.79	9.06	-	14 May	8.88	16 May	0.00	0
COPP	BULL KOBBER HA	SHB	41.82	42.34	45.13	-	19 Mar	39.80	16 May	0.00	0
COPP	BEAR KOBBER HA	SHB	17.81	18.02	15.95	-	27 Feb	18.85	16 May	0.00	0
DNB	BEAR DNBNOR HA	SHB	7.64	7.68	7.93	-	15 May	7.87	16 May	0.00	0
DNB	BULL DNBNOR HA	SHB	101.90	102.05	99.38	-	16 May	99.38	16 May	0.00	0
EL	BEAR EL DNM	DNM	48.44	48.72	47.49	-	16 May	47.49	16 May	0.00	0
EL	BULL EL DNM	DNM	3.26	3.32	3.47	-	14 May	3.36	16 May	0.00	0
EL	EL DNM	DNM	10.01	10.07	10.10	-	21 Jan	10.15	16 May	0.00	0
EL	BULL EL HA	SHB	8.87	9.02	10.28	-	15 Mar	9.13	16 May	0.00	0
EL	BEAR EL HA	SHB	111.55	113.15	109.80	-	15 May	109.75	16 May	0.00	0
GJF	BULL GJF X3 ETN DNM	DNM	81.80	82.65	79.75	-	16 May	79.75	16 May	0.00	0
GJF	BEAR GJF X3 ETN DNM	DNM	5.31	5.38	5.85	-	10 May	5.52	16 May	0.00	0
GOLD	BEAR GULL HA	SHB	17.23	17.39	11.68	-	24 Jan	17.19	16 May	0.00	0
GOLD	GULL ETN DNM	DNM	24.06	24.17	24.96	-	13 May	24.08	16 May	0.00	0
GOLD	BEAR GULL ETN DNM	DNM	21.65	21.76	21.54	-	16 May	21.54	16 May	0.00	0
GOLD	BULL GULL ETN DNM	DNM	21.09	21.20	21.30	-0.88	10:47	21.15	16 May	0.23	2
GOLD	BULL GULL HA	SHB	72.80	73.85	73.40	-	16 May	73.40	16 May	0.00	0
MHG	BEAR MARINE HARVE ...	DNM	7.99	8.04	8.16	-	16 May	8.16	16 May	0.00	0
MHG	BULL MARINE HARVE ...	DNM	15.51	15.62	15.57	-0.30	10:35	15.31	16 May	0.16	1
NHY	BULL NHY HA	SHB	15.96	16.02	16.00	0.78	09:55	15.49	16 May	6.42	5
NHY	BULL NORSK HYDRO ...	DNM	7.44	7.47	7.47	0.25	10:28	7.23	16 May	0.07	1
NHY	BEAR NORSK HYDRO ...	DNM	30.86	30.98	31.80	-	14 May	31.92	16 May	0.00	0
NHY	BEAR NHY HA	SHB	61.90	62.05	63.68	-	14 May	63.98	16 May	0.00	0
OBOSX	BEAR OBOSX DNM	DNM	7.93	7.95	7.70	-	25 Apr	7.93	16 May	0.00	0
OBOSX	OBOSX DNM	DNM	34.60	34.67	34.10	-	Nov 12	34.65	16 May	0.00	0
OBOSX	BULL OBOSX DNM	DNM	35.40	35.50	37.98	-	16 Jan	35.49	16 May	0.00	0
OBX	BULL OBX X3 ETN DNM	DNM	22.49	22.58	22.44	0.21	09:33	22.23	16 May	0.22	1
OBX	BEAR OBX X3 ETN DNM	DNM	10.72	10.78	10.79	-0.11	09:15	10.90	16 May	0.27	1
OBX	BEAR OBX X3 HA	SHB	8.05	8.11	8.80	-	16 May	8.80	16 May	0.00	0
OBX	BULL OBX X3 HA	SHB	84.55	84.85	84.50	1.40	11:17	86.00	16 May	0.12	2
ORK	BEAR ORKLA HA	SHB	14.20	14.22	15.03	-	6 May	14.46	16 May	0.00	0
ORK	BULL ORK X3 ETN DNM	DNM	43.88	44.04	42.49	-	15 May	42.88	16 May	0.00	0
ORK	BULL ORKLA HA	SHB	79.10	79.30	72.35	-	2 May	77.85	16 May	0.00	0
ORK	BEAR ORK X3 ETN DNM	DNM	10.47	10.51	11.16	-	14 May	10.76	16 May	0.00	0
PGS	BEAR PGS ETN DNM	DNM	4.35	4.38	4.44	-	16 May	4.44	16 May	0.00	0
PGS	BULL PGS ETN DNM	DNM	36.58	36.74	36.04	-	16 May	36.04	16 May	0.00	0
RCL	BULL RCL ETN DNM	DNM	53.00	53.25	53.70	-2.82	09:31	59.78	16 May	0.05	2
RCL	BEAR RCL ETN DNM	DNM	4.41	4.44	4.37	0.41	10:36	3.97	16 May	0.02	1
RCL	BULL RCL HA	SHB	31.39	31.67	33.65	-	25 Apr	35.42	16 May	0.00	0
REC	BEAR REC HA	SHB	1.41	1.53	1.43	-0.35	11:22	1.78	16 May	0.37	47
REC	BULL REC ETN DNM	DNM	4.20	4.45	4.26	0.63	10:48	3.63	16 May	0.50	25
REC	BULL REC HA	SHB	128.70	130.60	118.95	12.28	10:23	106.68	16 May	0.15	5
SDRL	BEAR SEADRILL ETN DNM	DNM	9.73	9.76	10.15	-	13 May	10.10	16 May	0.00	0
SDRL	BULL SEADRILL ETN DNM	DNM	38.26	38.38	37.51	-	7 May	37.02	16 May	0.00	0
STB	BULL STB ETN DNM	DNM	15.10	15.15	15.06	-	16 May	15.06	16 May	0.00	0
STB	BEAR STB ETN DNM	DNM	17.17	17.26	17.31	-	14 May	17.29	16 May	0.00	0
STL	BULL STL X3 ETN DNM	DNM	26.99	27.15	27.50	0.70	10:41	26.80	16 May	0.72	3
STL	BEAR STL X3 ETN DNM	DNM	11.43	11.49	11.59	-	16 May	11.59	16 May	0.00	0
STL	BEAR STL HA	SHB	21.94	22.01	20.85	-	Apr 12	22.13	16 May	0.00	0
STL	BULL STL HA	SHB	53.25	53.35	54.50	-	15 May	52.90	16 May	0.00	0
STL	BULL STATOIL ETN DNM	DNM	23.79	23.90	24.79	-	25 Apr	23.69	16 May	0.00	0
STL	BEAR STATOIL ETN DNM	DNM	16.67	16.75	17.09	-	2 May	16.83	16 May	0.00	0
SUBC	BULL SUBC ETN DNM	DNM	23.90	24.06	24.61	-	16 May	24.61	16 May	0.00	0
SUBC	BEAR SUBC ETN DNM	DNM	11.69	11.76	9.23	-	21 Mar	11.43	16 May	0.00	0
TEL	BEAR TELENOR ETN DNM	DNM	7.74	7.77	12.25	-	Oct 12	7.85	16 May	0.00	0
TEL	BEAR TEL X3 ETN DNM	DNM	8.41	8.44	8.58	-	16 May	8.58	16 May	0.00	0
TEL	BULL TELENOR ETN DNM	DNM	53.25	53.45	47.73	-	17 Apr	52.73	16 May	0.00	0
TEL	BULL TEL X3 ETN DNM	DNM	51.25	51.45	49.72	-	15 May	50.45	16 May	0.00	0
YAR	BEAR YAR X3 ETN DNM	DNM	8.61	8.65	8.50	-0.34	09:08	8.65	16 May	0.17	1
YAR	BEAR YARA ETN DNM	DNM	16.79	16.86	14.90	-	4 Feb	16.84	16 May	0.00	0
YAR	BEAR YARA HA	SHB	5.24	5.28	5.23	-	27 Feb	5.27	16 May	0.00	0
YAR	BULL YARA HA	SHB	72.45	72.65	72.10	-	10 May	72.43	16 May	0.00	0
YAR	BULL YAR X3 ETN DNM	DNM	14.43	14.50	14.44	-	16 May	14.44	16 May	0.00	0
YAR	BULL YARA ETN DNM	DNM	13.87	13.92	13.56	-	30 Apr	13.88	16 May	0.00	0