Market Notice

  • There is currently a price interruption. If it is a product with a single price fixing on the day, please note the underlying trading model. Trading is not possible at the moment.

  • Trading in the security 18,50% p.a. Aktienanleihe mit Barriere Quanto auf Strategy Inc. with ISIN DE000VH5HKV4 is currently limited until futher notice. The underlying has hit the security level.

Strategy Inc./Aktienanleihe/18,5%/Call/VONT

Product class

Reverse Convertible - Protect

Last exchange day

18/09/2026

Performance (1M)

13.37%

Basis price

296.6100 [USD]

Smallest tradable unit

1,000.00

Multiplier

3.3714

Security level (active from)

237.29 [21/10/2025]

Knock-In level (active from)

237.29 [21/10/2025]

Max. gain in %

-

Max. gain p.a. in %

-

Sideward yield p.a. in %

-

Ø Tradable bid size main / secondary

0/0

Ø Tradable ask size main / secondary

0/0

Spread main / secondary

0.00/0.00

Tax presence main / secondary

-/-

Strategy Inc. ISIN: US5949724083
89.32 / 89.45 | 3.73 (4.358%)Bid/Ask| Change

Trade further reverse convertibles for Strategy Inc Class A without exchange fees.

Facts & figures

Price data

TRADE PLATFORMBörse Stuttgart (XSTU)
LAST PRICE35.63 G0 Nom.
PRICE DETERMINATION TIME07/21/2026 / 10:15:59 AM
DAILY VOLUME (UNITS)0
DAILY HIGH / LOW35.6335.63
PREV. DAY'S PRICE33.59 (07/20)
CHANGE DAY BEFORE
+2.04
6.07 %
52 WEEK HIGH / LOW (-) (-)

Indicators

TIME OF CALCULATION
04:29:50 AM (07/22/2026)
SIDEWARD YIELD ABSOLUTE
-
SIDEWARD YIELD IN %
-
SIDEWARD YIELD P.A. IN %
-
MAXIMUM GAIN ABSOLUTE
-
MAXIMUM GAIN IN %
-
MAXIMUM GAIN P.A. IN %
-

Master Data

WKN
VH5HKV
ISIN
DE000VH5HKV4
SYMBOL
-
EXCHANGE SEGMENT
Freiverkehr
TYPE OF FINANCIAL INSTRUMENT
Investment Product
PRODUCT CLASS
Reverse Convertible - Protect
PRODUCT NAME
18,50% p.a. Aktienanleihe mit Barriere Quanto auf Strategy Inc.
ISSUER
Vontobel Financial Products GmbH
TRADING SEGMENT
EASY EUWAX
INTEREST RATE
18.50 %
INTEREST FORM
23/10/2025
OPTION TYPE
call
UNDERLYING
STRATEGY INC COM USD0.001 CLASS A
BASIS PRICE
296.6100 [USD]
SECURITY LEVEL
237.29 [21/10/2025]
KNOCKIN LEVEL
237.29 [21/10/2025]
EXERCISE TYPE
European
TENDER
either
TRADING CURRENCY NOTE
Percent / Units
NOMINAL CURRENCY
EUR
SETTLEMENT CURRENCY
Euro
SMALLEST TRADABLE UNIT
1,000.00
MINIMUM QUOTATION EUR
10,000.00
MINIMUM QUOTATION UNITS
10,000.00
LAST VALUATION DAY
18/09/2026
PAYMENT DATE
25/09/2026
FIRST EXCHANGE DAY
22/10/2025
LAST EXCHANGE DAY
18/09/2026
TRADING HOURS
08:00:00 AM - 10:00:00 PM
QUOTATION
fortlaufende Auktion
ISSUE VOLUME
25,000,000
QUANTO
Yes
RIGHT TO CALL IN
No
FEES
0.00

Underlying

WKN722713
ISIN
US5949724083
SYMBOL
MIGA
NOMINAL CURRENCY
Euro
TYPE OF UNDERLYING
Equity
COUNTRY OF THE HOME STOCK EXCHANGE
Germany

Issuer

NAME
Vontobel Financial Products GmbH
ADDRESS
Vontobel Financial Products GmbH Bockenheimer Landstraße 24 60323 Frankfurt am Main Deutschland
EMAIL ADDRESS
zertifikate.de@vontobel.com
SERVICE PHONE NUMBER
00800 93009300
URLhttps://zertifikate.vontobel.com
DOCUMENTSPRIIP / KID (english)PDF icon

Product Description

This Protected Reverse Convertible Bond is linked to Strategy Inc., the underlying instrument, and has a term ending on September 25, 2026. The product has a coupon of 18.50% per annum and a nominal value of EUR 1,000. At the end of the term, the performance of the underlying determines the redemption amount. If the underlying always trades above the protection level of USD 237.288 during the observation period from October 21, 2025 to September 18, 2026, or if the underlying is traded at or above the strike price of USD 296.61 on the valuation date, the nominal value will be redeemed. In any other case, units in the underlying or a reference asset will be delivered. The quantity of units will be determined by the multiplier of 3.3714305, while fractions are usually settled with a cash payment.