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3ITL

MTA
265.38000 EUR
5.44
2.09%
Last update May 14, 5:29 PM CEST
Market closed
Day range
258.60001
265.38000
Previous close
259.94000
Open
261.89999
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WisdomTree FTSE MIB 3x Daily Leveraged
265.38
5.44
2.09%

Overview

Description

WisdomTree FTSE MIB 3x Daily Leveraged is an exchange-traded product (ETP) designed to provide investors with triple the daily return of the FTSE MIB Index, a benchmark capturing the performance of 40 of the most liquid and well-capitalized stocks on the Borsa Italiana in Milan. This leveraged financial instrument aims to replicate the index's movements by using derivatives, primarily swaps, within a structured framework. Its key purpose is to enable sophisticated investors to amplify potential gains or hedge their positions within the top-tier segment of the Italian equity market efficiently. Notable for its focus on the financial, energy, and industrial sectors, this leveraged ETP offers significant exposure to Italian economic performance dynamics, impacting industries ranging from banking to manufacturing. Given its leverage mechanism, it plays a significant role in short-term trading strategies among institutional investors or those with a deep understanding of leverage risk. WisdomTree FTSE MIB 3x Daily Leveraged is important in the market due to its ability to magnify both gains and losses, appealing to investors looking for tactical allocation based on daily market movements in Italy.

About

Address
Phone
Website
Instrument type
ETF
Country
Italy
MIC code
XMIL
Market closed

Exchange is currently closed
Pre-market opens in 6 hours 19 minutes

01:40
00:00
09:00
17:30
23:59

Trading Hours (Monday - Friday):

Pre-market
08:00 - 09:00
Main market
09:00 - 17:30
All times are displayed in the Europe/Rome timezone (CEST, UTC+02:00).