Short and leverage ETP issuer Leverage Shares has listed 49 of its single-stock ETPs on the Frankfurt Stock Exchange and Xetra (the Borse’s trading technology platform).
The firm writes that for the first time, German investors will be able to access single-stock ETPs in stocks otherwise unavailable to most investors.
Up until now, German investors wanting access to these ETPs had to trade via the London Stock Exchange or Euronext Paris or Amsterdam. All of the ETPs are fully physically backed meaning that the capital invested in the products is invested directly in the underlying shares, without the use of swaps or derivatives.
The firm writes that investors will be able to access some of the biggest and best-known stocks on a short or leveraged basis, meaning investors that want to make high conviction bets as to the direction of share prices can leverage a stock up to +3x or short a stock up to -3x.