London Stock Exchange welcomes Leverage Shares Short & Leveraged ETPs
London Stock Exchange welcomes Leverage Shares Celebrating the listing of twenty-eight Short and Leveraged ETPs
Leverage Shares, an innovative sponsor of physically backed ETPs, has launched 28 new ETPs based on heavily traded US stocks – expanding their product range to 40 on London Stock Exchange’s main market.
Leverage Shares was founded to provide sophisticated trading tools through the simplicity of an Exchange Traded Product (ETP). The ETPs cater to growing worldwide interest in expressing high-conviction views, both long and short, through daily exposures of 2x, 3x and -1x.
The ETPs are backed by directly purchasing the underlying stocks and holders cannot lose more than what they have invested. This entire product range is listed in GBx, EUR and USD.
Raj Sheth, Sales Director at Leverage Shares commented: “This is about empowering investors, for the first time, to trade the upside and the downside of leading US equities in a simple and secure manner. Investors can trade more confidently as our physically backed ETPs have removed both the credit and margin risk found in competing products. We are proud to offer our novel ETPs to investors worldwide by listing on London Stock Exchange”
Lida Eslami, Head of Business Development, ETP and IOB, London Stock Exchange, commented: “We are delighted to welcome Leverage Shares’ products on London Stock Exchange. Our markets continue to offer investors a wide range of innovative products, providing choice and diversification for their portfolios. The listing of the Leverage Shares short & leveraged ETPs based on leading US stocks is a first in Europe.”