Overview
Description
Leonteq Brent Crude Oil ETP is an Exchange-Traded Product designed to provide investors with direct exposure to the price movements of Brent Crude Oil, one of the world's major oil benchmarks. This ETP aims to closely track the performance of Brent Crude, playing a critical role for those looking to hedge against energy price fluctuations or gain exposure to the global oil market without engaging in futures trading. As crude oil is a fundamental component in the energy sector, the ETP has significant implications across various industries such as transportation, manufacturing, and energy production, which heavily rely on oil pricing for budgeting and operational costs. Its significance in the financial market is underscored by the demand for liquid, transparent investment vehicles that simplify participation in commodity markets. This product allows institutional and retail investors alike to diversify their portfolios and adjust their oil-related risk exposure efficiently, echoing broader trends in global energy consumption and economic growth.
About
Address
—
Phone
—
Website
—
Instrument type
ETF
Country
Switzerland
MIC code
XSWX