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3SSI

LSE
36.90000 GBP
2.05
5.88%
Last update May 14, 3:50 PM BST
Main market
Day range
34.87860
36.99600
Previous close
34.85000
Open
34.87860
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WisdomTree Silver 3x Daily Short ETP
36.90
2.05
5.88%

Overview

Description

WisdomTree Silver 3x Daily Short ETP is a type of exchange-traded product designed to provide investors with a high-risk, high-reward option to capitalize on short-term declines in silver prices. The product's primary function is to deliver a daily return that is three times the inverse of the daily performance of silver spot prices, making it an appealing tool for traders looking to hedge against or speculate on downward movements in the silver market. This ETP is particularly significant for those interested in the commodities sector, especially precious metals, offering sophisticated financial exposure without the need to directly short the physical commodity. In the broader financial market, the WisdomTree Silver 3x Daily Short ETP plays a critical role in providing liquidity and diversification strategies for investors, enabling them to efficiently execute their investment hypotheses regarding silver's price trajectory over short periods. It is essential to understand the leveraged nature and daily resetting features of this ETP, which can result in compounding effects that significantly impact returns over time, especially in volatile market conditions.

About

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

Exchange is currently active.
Closing in 6 hours 39 minutes

09:50
00:00
08:00
16:30
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).