Eight new exchange traded products issued by Boost ETP launched on Xetra
OREANDA-NEWS. Four new exchange traded commodities (ETCs) and four new exchange traded notes (ETNs) from issuer Boost ETP Plc have been tradable on Xetra and Börse Frankfurt since Tuesday.
The ETCs relate to indices in the Nasdaq Commodity Index Family and enable investors to participate in the performance of 1-month futures contracts on individual commodities. The individual commodities are Brent crude and WTI oil, gold and natural gas.
Two of the four new ETNs track the exchange rate movements of the US dollar to the euro with a leverage factor of five. Investors have the opportunity to benefit from a rising or a falling euro exchange rate.
In addition, the other two ETNs provide investors with access to the performance of banking sector companies included in the EURO STOXX 50 index. Investors can participate in the rising or falling share price performance of these companies with a leverage factor of three.
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