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SSPY

LSE
55.15000 GBp
0.35
0.64%
Last update Jun 6, 4:29 PM BST
Market closed
Day range
53.90000
56.90000
Previous close
54.80000
Open
56.60000
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LS -5x Short SPY ETP
55.15
0.35
0.64%

Overview

Description

The LS -5x Short SPY ETP is an exchange-traded product designed to provide short exposure to the S&P 500 Index. This financial instrument aims to deliver approximately five times the inverse daily performance of the SPY ETF, thus offering leveraged exposure to investors who anticipate a decline in the broad market index. Notably used by institutional investors and traders, this ETP is utilized within various strategies for hedging or speculative purposes, offering the potential for amplified returns in bearish market conditions. The LS -5x Short SPY ETP plays a significant role in the financial markets by providing a means for participants to mitigate risk or capitalize on downward movements in U.S. equities without directly shorting stocks. It is important in volatile markets, where rapid price movements occur, as it helps manage portfolio strategies that rely on inverse and leveraged products. This product is typically suited for seasoned investors due to its complex nature and the inherent risks associated with leverage and short positions, reflective of its integral role in sophisticated trading strategies.

About

CEO
Employees
0
Address
Phone
Website
Instrument type
Common stock
Sector
Industry
Country
United Kingdom
MIC code
XLON
Market closed

Exchange is currently closed (non-working day)
Pre-market opens in 1 day 1 hour 28 minutes

05:46
00:00
23:59

Trading Hours (Monday - Friday):

Pre-market
07:15 - 08:00
Main market
08:00 - 16:30
Post-market
16:30 - 17:15
All times are displayed in the Europe/London timezone (BST, UTC+01:00).