Boost ETP is celebrating one year of trading on the London Stock Exchange (LSE), having first listed the World’s first 3x Short and 3x Leverage ETPs tracking the FTSE100 index on 6 December 2012.
Since then, Boost has listed short and leverage ETPs covering some of Europe’s most widely followed equity and commodity indices such as FTSE 250, DAX, FTSE MIB, gold, silver, oil and natural gas. Boost ETPs are now available on both the LSE and Borsa Italiana.
During the past 12 months, Boost has passed many milestones including volumes reaching USD162m YTD having risen 380 per cent since June, a USD57m notional trade in 3x Short EuroSTOXX 50, record trading in Italy on FTSE MIB and Natural Gas gaining approximately seven per cent market share in six weeks since listing, as well as becoming registered for CPD credits.
Co-chief executive Nik Bienkowski (pictured) says: “We are very proud to successfully have launched Europe’s latest entrant in to the growing ETP market. With a view to providing an innovative ETP platform to Europe’s investors into the foreseeable future, BOOST has built a secure, transparent and robust platform designed to withstand the demands of our investors. The recent rising trend in trading volumes and AUM is evidence of this. Given the performance of equity markets over the past fifteen months, we believe that Short and Leverage ETPs may become even more useful in 2014.”
