New ETPs on Milan Stock Exchange register record results – BOOST ETP
BOOST ETP launched eight products on the Milan Stock Exchange at the end of October that have already reached a market quote of 6.1%.
Thanks to such result, BOOST said it currently holds 0.77% per tool after two weeks of exchanges.
As the firm said, the most traded products were Boost Natural Gas trading (3NGL) and Boost FTSE MIB 3x Short Daily ETP (3ITS).
The demand of short and leverage ETPs characterised by transparency, liquidity and stability has gone up over the years, as global assets amount of $52bn reflects, BOOST also highlighted.
BOOST ETP’s co-CEO Hector McNeil commented: “BOOST’s products have maintained a very good performance on Milan Sotck Exchange. We saw very positive results particularly for ETPs on natural gas. We also noticed a high level of interest from investors in our triple leveraged ETPs on indexes Dax and EuroSTOXX 50.”