The Boost LevDAX 3x Daily ETP (3DEL) was the top performing ETP listed on the London Stock Exchange (LSE) in October.
Boost’s 3x ETPs made the top five performing ETPs on the LSE in October:
Boost LevDAX 3x Daily ETP (18.3 per cent); Boost EURO STOXX 50 3x Leverage Daily ETP (18.0 per cent); Boost NASDAQ 100 3x Leverage Daily ETP (16.8 per cent); Boost WTI Oil 3x Short Daily ETP (£) (15.5 per cent); and Boost Russell 1000 3x Leverage Daily ETP (15.3 per cent).
The two most popular equity ETFs traded on Borsa Italiana in September 2013 were short and leverage (S&L) ETFs contributing to over 25 per cent of all ETF volumes while the four most popular ETCs traded on Borsa Italiana in August were also S&L ETCs contributing to over 45 per cent of all ETC volumes.
Nik Bienkowski (pictured), co-chief executive of Boost ETP, says: “Equities continued their rise in October after a strong September with Boost LevDAX 3x Daily ETP (3DEL) returning 18.3 per cent (in GBP) for October. November 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 short and leveraged ETP assets currently stand at over USD50bn.”
