5,730 GBp
117.5
2.01%
Last update Dec 12, 4:29 PM GMT
Market closed
Day range
5,716.012207
5,932.82080
Previous close
5,847.5
Open
5,932.82080
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Leverage Shares 2x Amazon ETP
5,730.00
117.50
2.01%

Overview

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Description

Leverage Shares 2x Amazon ETP is an exchange-traded product designed to amplify the returns of investors seeking exposure to Amazon, one of the world's leading e-commerce and cloud computing giants. This ETP offers double the performance of Amazon stock, meaning for every 1% movement in Amazon's share price, the ETP targets a 2% movement in the same direction before fees and adjustments. It's a financial instrument suited for sophisticated investors looking to maximize gains from short-term trends in Amazon's stock price without engaging in direct stock leverage trading. The ETP provides a cost-effective and accessible way to gain leveraged exposure without the complexity and potential risk associated with direct margin trading. It is a vital tool within the market for those who wish to capitalize on Amazon's financial performance, indicative of broader e-commerce and technology sector trends. Given Amazon's significant role in the global economy and its continuous innovation, this leverage product allows investors to amplify their returns in line with Amazon's market movements, duly amplified by the leverage factor inherent in this ETP.

About

Address
Phone
Website
Instrument type
ETF
Country
United Kingdom
MIC code
XLON
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