Boost launches eight ETPs on Xetra
Boost ETP has announced the launch of four exchange traded commodities (ETCs) and four exchange traded notes (ETN’s) on Deutsche Börse’s electronic trading platform Xetra.
The ETCs relate to indices in the Nasdaq Commodity Index Family and offer investors access to the performance of 1-month futures contracts on individual commodities. The individual commodities in question 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. The other two ETNs provide investors with access to the performance of banking sector companies included in the EURO STOXX 50 index.