Specialist short and leveraged (S&L) exchange traded product provider Boost ETP recorded record monthly turnover of USD1.5 billion in February, representing a 186 per cent increase year-on-year and 22 per cent since January.
Boost trading volumes are predominantly comprised of Borsa Italiana and London Stock Exchange flow at USD1.2 billion and USD0.3 billion respectively with volumes on Xetra growing at an average rate of 43 per cent month-to-month. In the same time period, Boost has now seen turnover on the Borsa Italiana and London Stock Exchange grow by 72 per cent since November 2015 and 127 per cent when compared to trading volumes from one year ago.
“The growth in trading volumes is a strong affirmation of the value of Boost’s short and leveraged products in today’s volatile markets. Investors have access to hedging strategies across a range of asset classes with the recent focus being on oil, equities and fixed income. We have seen consistent growth in assets across both our ETP and UCITS ETF platforms, and have reached record AUM levels growing by nearly 200 per cent over the past year, as clients recognise the benefits and uses of these differentiated products, ” says Hector McNeil, Co-CEO WisdomTree Europe.