Exchange traded products
ETPs: What are they?
Exchange Traded Products (ETPs) are listed securities which allow investors to participate in the performance of the underlying index or strategy.
They could be used to wrap an actively managed strategy or simply track an index. ETPs can be listed in a short time frame, have low barriers to entry and trade on the main markets of regulated exchanges.
This places them in a sweet spot between Actively Managed Certificates (AMCs) and traditional ETFs.
Exchange Traded Fund
Actively Managed Certificate
Exchange Traded Product
|Ongoing Fixed Costs||$200-300k / year||<$50k / year||<$50k / year|
|Break even AUM||$50M||<$5M||<$5M|
|Investment Restrictions||Yes (diversification, leverage, assets)||No||No|
|Liquidity||Trades on most liquid segments, open to multiple market makers||Trades on less liquid certificate segments, closed to one market maker||Trades on most liquid segments, open to multiple market makers|
|Active strategies available||Yes||Yes||Yes|
|Time to launch||3-5 months||1-2 months||1-2 months|
|Passporting across UK/EU||Yes||No||Yes|
|Accessibility||On exchange via major brokers or OTC||Limited to specialist brokers/banks||On exchange via major brokers or OTC|
|Credit risk||Minimal, owns underlying assets||Bank issuer credit risk||Minimal, owns underlying assets|
White label clients
For Asset Managers
Retail / Institutional access through major brokers and large market players
European UCITS-eligible ETPs, compliant with PRIIPs, MIFID and other applicable regulations
Operations, trading and regulatory documents sorted. Marketing, dedicated product pages and PR provided
Invest from 1 share at low prices (c. $5)
Access to niche / active strategies to complement core holdings
Trades like any other stock or ETF on regulated markets
For asset managers
We do the heavy lifting:
You focus on:
Trading & rebalancing
We do the
You focus on:
Oil Prices Heading to $100
Tech’s Deep Roots and Opportunities in FAN1
DAX Quiet Ahead of Looming Fed Decision
How do Leverage Shares ETPs differ from other leveraged ETP issuers
How Do Leverage Shares ETPs Trade in Multiple Currencies
What is the difference between ETF and ETP?
Get the Newsletter
How to Launch Your Own ETP on London Stock Exchange
by Raj Sheth
9.00 AM GMT
Welcome to Leverage Shares
Terms and Conditions
If you are not classified as an institutional investor, you will be categorised as a private/retail investor. At this time, we cannot send communications directly to private/retail investors. You are welcome to view the contents of this website.
If you are an ‘Institutional investor’, you affirm either that you are a Per Se Professional Client, or that you wish to be treated as an Eligible Counterparty Client, both as defined under the Markets in Financial Instruments Directive, or an equivalent in a jurisdiction outside the European Economic Area.
The value of an investment in ETPs may go down as well as up and past performance is not a reliable indicator of future performance. Trading in ETPs may not be suitable for all types of investor as they carry a high degree of risk. You may lose all of your initial investment. Only speculate with money you can afford to lose. Changes in exchange rates may also cause your investment to go up or down in value. Tax laws may be subject to change. Please ensure that you fully understand the risks involved. If in any doubt, please seek independent financial advice. Investors should refer to the section entitled “Risk Factors” in the relevant prospectus for further details of these and other risks associated with an investment in the securities offered by the Issuer.
This website is provided for your general information only and does not constitute investment advice or an offer to sell or the solicitation of an offer to buy any investment.
Nothing on this website is advice on the merits of any product or investment, nothing constitutes investment, legal, tax or any other advice nor is it to be relied on in making an investment decision. Prospective investors should obtain independent investment advice and inform themselves as to applicable legal requirements, exchange control regulations and taxes in their jurisdiction.
This website complies with the regulatory requirements of the United Kingdom. There may be laws in your country of nationality or residence or in the country from which you access this website which restrict the extent to which the website may be made available to you.
United States Visitors
The information provided on this site is not directed to any United States person or any person in the United States, any state thereof, or any of its territories or possessions.
Persons accessing this website in the European Economic Area
Access to this site is restricted to Non-U.S. Persons outside the United States within the meaning of Regulation S under the U.S. Securities Act of 1933, as amended (the “Securities Act”). Each person accessing this site, by so doing, acknowledges that: (1) it is not a U.S. person (within the meaning of Regulation S under the Securities Act) and is located outside the U.S. (within the meaning of Regulation S under the Securities Act); and (2) any securities described herein (A) have not been and will not be registered under the Securities Act or with any securities regulatory authority of any state or other jurisdiction and (B) may not be offered, sold, pledged or otherwise transferred except to persons outside the U.S. in accordance with Regulation S under the Securities Act pursuant to the terms of such securities. None of the funds on this website are registered under the United States Investment Advisers Act of 1940, as amended (the “Advisers Act”).
Exclusion of Liability
Certain documents made available on the website have been prepared and issued by persons other than Leverage Shares Management Company. This includes any Prospectus document. Leverage Shares Management Company is not responsible in any way for the content of any such document. Except in those cases, the information on the website has been given in good faith and every effort has been made to ensure its accuracy. Nevertheless, Leverage Shares Management Company shall not be responsible for loss occasioned as a result of reliance placed on any part of the website and it makes no guarantee as to the accuracy of any information or content on the website. The description of any ETP Security referred to in this website is a general one. The terms and conditions applicable to investors will be set out in the Prospectus, available on the website and should be read prior to making any investment.
Leverage Shares exchange-traded products (ETPs) provide leveraged exposure and are only suitable for experienced investors with knowledge of the risks and potential benefits of leveraged investment strategies.
This website is maintained by Leverage Shares Management Company, which is a limited liability company and is incorporated in Ireland with registered offices at 2 Grand Canal Square, Grand Canal Harbour, Dublin 2.
By clicking you agree to the Terms and Conditions displayed.