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OLJJ

2.83560 EUR
0.1256
4.63%
Last update Aug 27, 5:30 PM CEST
Market closed
Day range
2.68840
2.84260
Previous close
2.71000
Open
2.68840
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WT Euro Stoxx Banks 3x Daily Short Fund
2.84
0.13
4.63%

Overview

Description

The WT Euro Stoxx Banks 3x Daily Short Fund is an exchange-traded product designed to provide triple inverse daily performance of the Euro Stoxx Banks Index. Its primary function is to offer investors leveraged exposure to the downside movements in the European banking sector over a short-term horizon. This fund is particularly notable for its ability to magnify daily losses by three times, targeting sophisticated investors or traders looking to hedge their portfolios against declines in European bank stocks or capitalize on anticipated downturns in this sector. The fund's focus includes major European financial institutions, thus directly impacting sectors tied to banking, finance, and regional economic conditions. By employing derivatives and other financial instruments, it plays a significant role in providing strategic short-term tactical investment opportunities within the European market environment, as well as contributing to market liquidity and efficiency in sector-specific trading.

About

CEO
Employees
0
Address
Phone
Website
Instrument type
Common stock
Sector
Industry
Country
Germany
MIC code
XETR
Market closed

Exchange is currently closed
Pre-market opens in 5 hours 11 minutes

01:48
00:00
09:00
17:45
23:59

Trading Hours (Monday - Friday):

Pre-market
07:00 - 09:00
Main market
09:00 - 17:45
Post-market
17:30 - 20:30
All times are displayed in the Europe/Berlin timezone (CEST, UTC+02:00).