Moderate Risk Exchange-Traded Products Available on the WSE

Abstract

Exchange-traded products (ETP) are one of the newest financial instruments offered on the financial market. They imitate changes in the value of underlying instrument, thus, they offer investors a possibility of making a profit of the underlying instrument without having to buy it. Currently, the Warsaw Stock Exchange offers many types of ETPs. They are investment products with full or partial capital protection, products without capital protection as well as leverage products, issued on such underlying instruments as indices, prices of commodity, currency or shares. This paper presents the mechanism of functioning of moderate risk ETP available on the Warsaw Stock Exchange and the results of the analysis of statistical data on these financial instruments.