Boost launches six ETPs in Italy
Specialist short and leverage exchange-traded product provider Boost ETP has listed six more ETPs on Borsa Italiana following its listing of 14 ETPs and ETCs in the fourth quarter of 2013.
In total, Boost ETP has listed 20 ETPs on Borsa Italiana, bringing Boost’s total listings to 64 in the UK and Italy.
Boost’s new ETPs and ETCs available on Borsa Italiana today are:
Boost Nasdaq 100 3x Short Daily ETP (QQQS)
Boost Nasdaq 100 3x Leverage Daily ETP (QQQ3)
Boost US Large Cap 3x Short Daily ETP (3USS)
Boost US Large Cap 3x Leverage Daily ETP (3USL)
Boost Natural Gas 2x Short Daily ETP (2NGS)
Boost Silver 2x Short Daily ETP (2SIS)
Nik Bienkowski, co-CEO of Boost ETP, says: “Boost has seen significant activity already in its flagship Italian ETPs including the Boost FTSE MIB 3x Leverage Daily ETP (3ITL) and Boost FTSE MIB 3x Short Daily ETP (3ITS). We also saw significant interest in Boost Natural Gas 3x Leverage Daily ETP (3NGL) and Boost Silver 3x Leverage Daily ETP (3SIL). To gain around 17 per cent market share for the Borsa Italiana ETP Plus ETC/ETP segment in less than four months of trading is spectacular. With record trading volumes and assets under management, this is proof of investor demand for well-constructed and highly liquid investment products such as Boost ETPs.”
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