Nik Bienkowski, Co-CEO of BOOST ETP, commented:
“Equities continued their rise in October after a strong September with Boost LevDAX 3x Daily ETP (3DEL) returning 18.3% (in GBP) for October. October also saw the launch of 3x equity ETPs and 3x commodity ETCs on Borsa Italiana. Italian investors have already taken to short and leveraged ETPs. The most traded ETPs on Borsa Italiana are ETPs providing leverage exposure to the FTSE MIB and Natural Gas.”
“Global demand for S&L ETPs is continuing at a rapid pace in 2013, with Global AUM in Short and Leverage ETPs reaching $52 billion up $6.6 billion this year. Boost experienced a record breaking week last week with significant inflows and trading volumes across a wide range of indices and leverage factors from 1x Short FTSE 250 to 3x Leverage Oil. Boost ETPs are liquid, robust and transparent and as a result, investors are starting to take to the Short and Leverage offering from Boost ETP.”
Investors are increasingly using S&L ETPs for a variety of reasons. There is wider product availability, greater product knowledge from improved educational resources and increased demand for hedging tools and leveraged instruments. There is also a move towards independent, transparent and exchange traded instruments such as ETFs and ETPs. As a result of this increased usage and interest in S&L ETPs, BOOST recently launched a monthly Global Short & Leverage ETF / ETP Report and a Short & Leverage ETF / ETP Advisor Tool Kit.