Societe Generale is launching a new range of leveraged listed products called Société Générale (FR) Turbos Infinis Best on Euronext Brussels aimed at enhancing returns on the short-term or at hedging investors portfolio on the medium term.
The underlying asset can be a single stock, an index or a currency pair, etc with a tailor-made gearing.
“We are pleased to welcome Societe Generale’s new product range on Euronext Brussels,” says Vincent van Dessel (pictured), CEO of Euronext Brussels. “After the successful launch of Societe Generale’s first Leverage and Short Certificates on the BEL 20 Index in 2014, this new listing underscores the strong local and international interest for high-quality and agile instruments. We see an increasing appetite of Belgian investors for these products when listed in Brussels as their turnover more than tripled over the two last years.”
Société Générale (FR) Turbos Infinis Bes are open-end allowing investors to adapt their investment horizon to their investment strategy. These products are derivative instruments under French law, which are easy to trade – they can be bought or sold through Euronext Brussels via a broker or a regular bank as a single stock.
Societe Generale will be the market maker for these products during Stock Exchange trading days: from 8am to 6.30pm for index linked products and currency linked products, and from 9.05am to 5.30pm for stock linked products.
