Bringing you live news and features since 2006 

GraniteShares expands further into Germany

RELATED TOPICS​

ETP provider GraniteShares is expanding in Germany with the launch on Deutsche Borse Xetra of a further 10 short and long ETPs focused on some of the biggest US technology stocks.

The group, which offers a range of 3x short and 3x leveraged ETPs on popular stocks listed on national exchanges in the UK, France, Italy, and Germany, writes that it is listing the ETPs in response to growing  demand in Germany from sophisticated investors.

Datashows total short selling in Germany is valued at around EUR3.316 billion as of May 30th with shares in 105 companies being shorted. The Technology sector accounts for EUR261 million of the total with the Consumer Cyclical sector currently the most shorted.

GraniteShares already offers its FAANG long and short ETPs on Xetra enabling investors to participate in the performance of a US stock basket consisting of the Big Five US technology stocks – Facebook-owner Meta, Amazon, Apple, Netflix and Google owner Alphabet.

 It is now listing a 3x Long and 3x Short versions of the FAANG ETPs as well as baskets focused on GAFAM – Google owner Alphabet, Apple, Facebook owner Meta, Amazon and Microsoft – and FATANG – Facebook owner Meta, Amazon, Tesla, Apple, Netflix and Google owner Alphabet.

Benedict von Lucke from GraniteShares, says: “The FAANG stocks along with FATANG and GAFAM have been hit over the past year as inflation and interest rate rises have sent the shares lower but there are signs of a recovery along with the Nasdaq100.

“Many investors are starting to ask if it might be time to think about entering the market again which makes our new listings particularly appealing as they offer the chance to leverage or go short which is increasingly popular with sophisticated German investors looking to capitalise on any market volatility.

“The trend of rising short positions in Germany shows no signs of slowing down this year, and we are already seeing an increasing interest in the shorting of German stocks using products such as ETPs.”

Latest News

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..
Calastone has published an ETF white paper which examines several of the processes that take place across the lifecycle of..
Adapting product lines to fit into changing methodologies and meet shifting demand is essential to remaining relevant in the industry..

Related Articles

ETFs
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.  ...
Lorraine Sereyjol-Garros, BNP Paribas
Following changes to the French Monetary and Financial Code and of the French market authority AMF’s General Regulation, it is...
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