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
05/15/2023AT0000A337S0Knock-out CertificatesRWE AG0.10
05/15/2023AT0000A33ZA3Knock-out CertificatesErste Group Bank AG0.10
05/15/2023AT0000A34451Knock-out CertificatesTAG IMMOBILIEN AG0.02
05/15/2023AT0000A345K0Knock-out CertificatesPORSCHE AUTOMOBIL HLDG SE VZ0.20
05/12/2023AT0000A2VTU0Knock-out CertificatesHENKEL AG+CO.KGAA VZ0.20
05/12/2023AT0000A34378Knock-out CertificatesALLIANZ SE0.50
05/11/2023AT0000A31T86Knock-out CertificatesDUERR AG 0.20
05/11/2023AT0000A32BS8Knock-out CertificatesAURUBIS AG0.20
05/11/2023AT0000A32BT6Knock-out CertificatesAURUBIS AG0.20
05/11/2023AT0000A341P8Knock-out CertificatesAURUBIS AG0.20
05/11/2023AT0000A342B6Knock-out CertificatesSALZGITTER AG 0.20
05/11/2023AT0000A34485Knock-out CertificatesVOLKSWAGEN AG VZ0.20
05/11/2023AT0000A344D8Knock-out CertificatesBAYER AG0.10

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