Outperformance certificate characteristics
In the "Full Quote" widget of an outperformance certificate, you find the following data in the "Characteristics" area:
Characteristics
Field | Description |
|---|---|
Certificate group | The certificate type, here "Outperformance". An outperformance certificate is a structured financial product. Above a certain underlying price, the certificate allows you to participate disproportionally (leveraged) in price developments of an underlying instrument. Underlying instruments of outperformance certificates are usually equities or indices. |
Certificate type | The certificate type. The type is used to categorise outperformance certificates more precisely, for example, "Outperformance Classic" or "Sprint Classic". |
Factor | The factor of the outperformance certificate. The (participation) factor is the percentage by which the holder profits from price increases of the underlying instrument. |
Strike | The exercise price of the outperformance certificate. |
Cap | The cap of the (sprint) certificate. |
Spectrum | The spectrum of the (sprint) certificate: "above" or "below". |