DWT Stock, Citigroup Global Markets Holdings Inc ZC SP ETN REDEEM 15/12/2031 USD 25 - Leveraged Inverse Information
Stock Information
| Company Name: | Citigroup Global Markets Holdings Inc ZC SP ETN REDEEM 15/12/2031 USD 25 - Leveraged Inverse |
| Stock Symbol: | DWT |
| Market: | NYSE |
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About Citigroup Global Markets Holdings Inc ZC SP ETN REDEEM 15/12/2031 USD 25 - Leveraged Inverse
The investment seeks to replicate net of expenses three times the opposite inverse of the SP GSCI Crude Oil Index ER. The index tracks a hypothetical position in the nearesttoexpiration NYMEX light sweet crude oil futures contract which is rolled each month into the futures contract expiring in the next month. The value of the Index fluctuates with changes in the price of the relevant NYMEX light sweet crude oil futures contracts.