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1.24130 EUR
0.1106
9.78%
Last update Sep 22, 5:30 PM CEST
Market closed
Day range
1.12060
1.24840
Previous close
1.13070
Open
1.12920
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Leverage Shares 3X Uber ETP
1.24
0.11
9.78%

Overview

Description

Leverage Shares 3X Uber ETP is an Exchange Traded Product designed to amplify the exposure of investors to the stock price movements of Uber Technologies Inc. by a factor of three. Its primary function is to provide investors with the opportunity to achieve multiplied returns based on Uber's share price without directly purchasing the stock. This ETP utilizes financial derivatives to achieve its leverage, targeting sophisticated investors who seek enhanced exposure in short-term trading. By reflecting Uber's performance in sectors such as ride-sharing and food delivery, the product acts as a speculative tool for those engaged in active trading strategies. It enables market participants to potentially benefit from the volatility in Uber's share price, contributing to the wider derivatives market ecosystem where leverage and strategic risk-taking are prevalent. While offering greater potential returns, the Leverage Shares 3X Uber ETP also bears increased risk, largely appealing to experienced investors who are acutely aware of its dynamic nature. Its significance in the financial market is tied to its ability to offer leverage to a single stock, highlighting its role in portfolio strategies focusing on agility and heightened exposure.

About

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

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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).