boost launches new triple-leveraged etps

Boost ETP has listed eight exchange traded products (ETPs) on the London Stock Exchange offering triple-leveraged and short exposure to some of the most closely followed markets.

boost launches new triple-leveraged etps

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The independent ETP provider’s new offerings track the US NASDAQ and Russell 1000, Europe’s Euro Stoxx 50 and the German Dax. They join two existing products giving triple-leveraged long and short exposure to the UK stock market.

The new ETPs are designed to return three times the daily movement, long or short, of the relevant benchmark index.

Boost ETP launched its triple-leveraged FTSE 100 ETPs, which were its first offerings, on 6 December.

Nik Bienkowski, co-chief executive of the company, said: “We are very excited at being able to offer a strong initial product offering. The new ETPs bring BOOST’s offering to a total of ten 3x leveraged and 3x short ETPs within the first week.

“The new ETPs provide access to some of the most liquid and widely followed European and US equity market benchmarks.”

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