The Unlucky Investor's Guide to Options Trading guides readers through the world of options and teaches the crucial risk management techniques for sustainable investing.
Exchange-traded notes (ETNs) are unsecured, unsubordinated debt securities that are issued by an underwriting bank.
ETNs are typically designed to provide investors with the return of a specific market benchmark. ETNs are not equities, funds, or futures, but do trade on exchanges like stocks and ETFs. Unlike ETFs, ETNs do not own any of the underlying assets of the indices or benchmarks they are designed to track.
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