Leverage Shares has added 25 single-stock short and leveraged (S&L) exchange-traded products (ETPs) to its existing range.
The 25 S&L ETPs are listed on the London Stock Exchange (LSE) and will track STOXX indices.
The strategies launched include notable names such as a triple leveraged Tesla and PayPal ETPs while investors can also purchase S&L ETPs of UK blue chips such as Barclays and BP.
All the S&L ETPs are physically backed with the underlying shares and trade in US dollars, sterling and euros.
Raj Sheth (pictured), sales director at Leverage Shares, commented: “The pandemic has spotlighted the technology sector and fundamentally altered its role in everyday life.
“The expanded suite of ETPs allows investors to capitalize on this shift, along with bringing this leveraged approach and ability to hedge exposures to well established UK blue chips. The investor response to our products has been very positive given the ability to trade both the upside and downside of popular stocks in volatile markets.”
Leveraging the trend in big tech: A case for single-stock ETPs
Brian Rosenberg, chief revenue officer at Qontigo, added. “We are very pleased that Leverage Shares chose to partner with us to launch their new family of ETPs based on iSTOXX Single Stock Leveraged indices.
“We see a strong demand in the market for expressing high conviction investment ideas, and these indices enable investors to do so in a way that is rules-based and transparent.”
The 25 S&L ETPs are:
NAME
TICKER
EXCHANGE
USD
GBx
EUR
3x Tesla ETP
TSL3
3TSL
3TSE
London Stock Exchange
3x Square ETP
SQ3
3SQ
3SQE
London Stock Exchange
3x Zoom ETP
ZM3
3ZM
3ZME
London Stock Exchange
3x PayPal ETP
PYP3
3PYP
3PYE
London Stock Exchange
3x Shopify ETP
SHO3
3SHP
3SHE
London Stock Exchange
3x Royal Dutch ETP
RSH3
3RDS
3RDE
London Stock Exchange
3x Vodafone ETP
VDF3
3VOD
3VDE
London Stock Exchange
3x Boeing ETP
BA3
3BA
3BAE
London Stock Exchange
3x HSBC ETP
HSC3
3HSB
3HSE
London Stock Exchange
3x BP ETP
BP3L
3BP
3BPE
London Stock Exchange
3x Barclays ETP
BCS3
3BAC
3BCE
London Stock Exchange
-2x Short Tesla ETP
TS2S
2STS
2STE
London Stock Exchange
-1x Short Zoom ETP
ZMS
SZM
SZME
London Stock Exchange
-1x Short Vodafone ETP
SVOD
VODS
SVDE
London Stock Exchange
-1x Short Square ETP
SQS
SSQ
SSQE
London Stock Exchange
-1x Short Shopify ETP
SHOS
SSHO
SSHE
London Stock Exchange
-1x Short Royal Dutch ETP
RDSS
SRDS
SRDE
London Stock Exchange
-1x Short PayPal ETP
PYPS
SPYP
SPYE
London Stock Exchange
-1x Short JPMorgan ETP
SJPM
JPMS
SJPE
London Stock Exchange
-1x Short HSBC ETP
SHSB
HSBS
SHSE
London Stock Exchange
-1x Short Goldman Sachs ETP
SGS
GSSS
SGSE
London Stock Exchange
-1x Short Citigroup ETP
CITS
SCIT
SCTE
London Stock Exchange
-1x Short BP ETP
BPS
SBP
SBPE
London Stock Exchange
-1x Short Boeing ETP
BAS
SBA
BAES
London Stock Exchange
-1x Short Barclays ETP
SBCS
BCSS
SBCE
London Stock Exchange
