OREANDA-NEWS. September 23, 2015. The Spanish stock market today started trading on the Warrants, Certificates and other products segment, the first MULTI exchange-traded products that offer leveraged exposure to investment strategies with currencies.

They consist of 4 MULTI products issued by Societe Generale linked to indices calculated by Solactive, which offer leveraged exposure that is 3 or 5 times as much as the daily performance of long strategies with US dollars and short with Euros and viceversa.

MULTI are exchange-traded products that track the performance of an underlying index, or alternatively, they can also track the performance of an index that already offers in its calculation the leveraged exposure to the original index. Societe Generale MULTI products that have started being traded today follow the second of the methodologies explained.

With these new issues, Societe Generale widens the offer of MULTI underlyings available at the Spanish stock market – which started in February 2013 - and its offer of products linked to a variety of shares, indices, currencies and commodities.

The Spanish Branch of Societe Generale will act as the liquidity provider.

The trading volume on the Warrants and Certificates market in the first eight months of the year reached €818.2 million, up 49.7% year-on-year. The trading volume in this market in August reached €85.4 million, up 63.8% from August 2014.