Boost ETP lists short and leveraged FTSE products, opens trading
Thursday 11th July 2013
London Stock Exchange today welcomes Boost ETP, the first independent provider of Short & Leveraged (S&L) exchange traded products (ETPs) within Europe.
Boost ETP launched its set of FTSE products, which included the world’s first FTSE 250 S&L ETPs. The month of July will also see Boost launch another nine exchange traded commodities (ETCs) and two further equity ETPs. With the new listings Boost’s platform increases to 44 S&L ETPs.
Hector McNeil, Co-CEO at Boost ETP, commented:
“BOOST is very proud to introduce the world’s first S&L ETPs based on the FTSE 250 benchmark. The introduction of Boost FTSE 250 1x Short Daily ETP (1MCS) and Boost FTSE 250 2x leveraged Daily ETP (2MCL) are valuable additions to an investors’ tool kit. These along with, Boost FTSE 100 3x Leverage Daily ETP (3UKL) and Boost FTSE 100 3x Short Daily ETP (3UKS), allows investors to trade the material constituents of the main companies listed on the LSE.”