At the end of the term, the instrument is derecognised and, depending on the product type and the market value of the underlying, a cash settlement (cash settlement for claims of the warrant holder) or the corresponding security is booked. Derecognition and settlement take place within a few banking days. You do not have to do anything else in the process.
The conditions for settlement at the end of the term are described in the "Key Investor Information" of the respective product.
If a knock-out event occurs, the product reaches its final maturity early. Depending on the product type, the derivative may expire worthless or be redeemed by the issuer at the respective residual value. In addition, trading is often suspended when the knock-out threshold is reached. Some products can still be redeemed on the day of the knock-out event. For further information, please refer to the "Key Investor Information" of the respective product.
A derecognition and settlement will take place within a few banking days. You do not have to do anything else.
The conditions for settlement at the end of the term are described in the "Key Investor Information" of the respective product.
If a knock-out event occurs, the product reaches its final maturity early. Depending on the product type, the derivative may expire worthless or be redeemed by the issuer at the respective residual value. In addition, trading is often suspended when the knock-out threshold is reached. Some products can still be redeemed on the day of the knock-out event. For further information, please refer to the "Key Investor Information" of the respective product.
A derecognition and settlement will take place within a few banking days. You do not have to do anything else.