Bringing you live news and features since 2006 

Trident launch

FTSE launches two new leveraged indices


FTSE Group has expanded its Daily Leveraged Index Series with the launch of the FTSE Developed Ex NA 1.25X Daily Leveraged No Spread Index and FTSE Emerging 1.25X Daily Leveraged No Spread Index.  

The two new indices are designed to replicate a multiple of the performance a client experiences when they track the underlying reference index, with a daily reset of the leverage, and are a subset of the widely adopted broad market FTSE indices: the FTSE Developed ex North America Index (AWDXNA) and the FTSE Emerging Index (AWALLE).
In conjunction with this announcement, a suite of new ETFs created by Direxion Investments have been introduced to market this week, including two using FTSE indices:

• LLDM, Direxion FTSE Developed Markets Bull 1.25X Shares
•  LLEM, Direxion FTSE Emerging Markets Bull 1.25X Shares
Jonathan Horton, Chief Marketing Officer, FTSE, says: “We are proud to work with ETF issuers like Direxion Investments so that they can build ETF product suites based on our established global indexing expertise. These two new FTSE-linked ETFs are capturing the world’s equity market using the FTSE Developed ex North America and Emerging indices for international exposure.” 
Brian Jacobs, President, Direxion Investments, adds: “Direxion Investments chose to work with FTSE on our new ETF product suite because they were able to provide us the premier broad based international indices.

Latest News

European ETFs raised USD47.8 billion in Q1, a 15 per cent increase compared to the same period in 2023, according..
LSEG Lipper’s March report finds that globally equity ETFs (+EUR113.2 billion) enjoyed the highest estimated net inflows for the month,..
Morningstar has published a review of the European ETF market for the first quarter 2024, which finds that it gathered..
ETF data consultant ETFGI reports that assets invested in the global ETF industry reached a new record of USD12.71 trillion..

Related Articles

Kristen Mierzwa, FTSE Russell
Index Investments Group (IIG), a division within index provider FTSE Russell, has extended its range of indices through two new...
US ETF issuers of active ETFs are facing an increase in fees from the big custodian firms, such as Charles...
Taylor Krystkowiak, Themes ETFs
Themes ETFs opened its doors in December 2023, with an introductory suite of 11 ETFs – seven thematic and four...
Konrad Sippel, Solactive
At the end of March, financial index specialist, Solactive, published its 2024 annual report on future trends.  ...
Subscribe to the ETF Express newsletter

Subscribe for access to our weekly newsletter, newsletter archive, updates on the site and exclusive email content.

Marketing by