Leverage Shares, the European pioneer in S&L ETPs on single stocks, has cross-listed its newest 25 ETPs on Euronext – both Amsterdam and Paris venues.
The new lineup includes European energy giants Royal Dutch Shell and BP, ‘stay-at home’ champions such as Zoom and Shopify, and additional leverage factors to its flagship Tesla ETPs: adding long 3x and short -2x.
Oktay Kavrak, Product Strategy at Leverage Shares, commented: Widespread vaccinations are under way and we are seeing a return to normalcy. This coupled with rising rates means that the tech darlings of 2020 may lose the spotlight to sectors that have been hit hardest like aviation, energy and financials. Investors can play the rebound using our triple-leveraged ETPs or express negative sentiment via the inverse products – all in their local currency.
The steady rise in global air traffic in recent weeks indicates that consumers are increasingly comfortable with the safety of travel. This means companies like Boeing could see further tailwinds, having climbed 18% since the start of the year.
Global trading activity has been booming since the start of the pandemic and this has spilled over to S&L ETPs. Since last expanding their product range in 2020, average turnover in Leverage Shares ETPs has increased over 600%.
Brieuc Louchard, Head of ETFs, Euronext, commented: Euronext is glad to welcome the listing of 25 new ETPs from Leverage Shares. These products are a great way to offer investors exposure to famous stocks with leverage effect (including short exposure) and will enrich the already existing range of Leverage Shares’ products accessible on both Euronext Amsterdam and Euronext Paris.
Additional information is available at leverageshares.com.
