Knock-out rule for knock-out certificates (turbo certificates):

As soon as the underlying instrument of a knock-out certificate (turbo certificate) reaches the knock-out threshold, the issuer must immediately inform the exchange. After receiving the notification, the exchange suspends the certificate from trading. All open orders are automatically deleted from the system due to suspended trading.

Knock-Out DateISINCertificate TypeUnderlyingRepurchase price1
04/24/2024AT0000A3B9N4Knock-out CertificatesBEIERSDORF AG0.25
04/24/2024AT0000A3CBL5Knock-out CertificatesCOVESTRO AG 0.20
04/24/2024AT0000A3CBP6Knock-out CertificatesDUERR AG 0.20
04/24/2024AT0000A3CCM1Knock-out CertificatesMERCK KGAA0.25
04/24/2024AT0000A3CCR0Knock-out CertificatesSAP SE0.20
04/24/2024AT0000A3CRA4Knock-out CertificatesINFINEON TECH.AG0.05
04/24/2024AT0000A3CRQ0Knock-out CertificatesSIEMENS HEALTHINEERS AG0.20
04/24/2024AT0000A3CRU2Knock-out CertificatesUNITED INTERNET AG0.20

1 If there are more than 2 internal decimal places the Repurchase price will be rounded.