Certificate based on the price of crude oil. Often based on a fluctuation range of the oil price. The issuer of the certificate pays a bonus, for example, if the price remains within a price corridor within a certain period of time. However, if the oil price exceeds the agreed range, the certificate is forfeited: the buyer comes away empty-handed.
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University Professor Dr. Gerhard Merk, Dipl.rer.pol., Dipl.rer.oec.
Professor Dr. Eckehard Krah, Dipl.rer.pol.
E-mail address: info@ekrah.com
https://de.wikipedia.org/wiki/Gerhard_Ernst_Merk
https://www.jung-stilling-gesellschaft.de/merk/
https://www.gerhardmerk.de/