Overview
Description
Leverage Shares 3x Meta Platforms ETP is a leveraged exchange-traded product designed to provide investors with amplified exposure to Meta Platforms Inc., one of the world's leading social media and technology companies. By utilizing financial derivatives such as swaps, this ETP aims to deliver three times the daily performance of Meta Platforms' stock, making it a notable tool for traders seeking enhanced performance on daily price movements. This financial product is particularly relevant in sectors driven by rapid technological evolution, including social media, virtual reality, and digital advertising. Its underlying company, Meta Platforms, is renowned for platforms like Facebook, Instagram, and WhatsApp as well as advancements in the metaverse and augmented reality. The ETP facilitates access for investors looking to capitalize on the momentum of Meta's market dynamics without needing to directly purchase the underlying securities. Due to its leveraged nature, it plays a significant role in providing dynamic short-term trading strategies, reflecting sentiment and market fluctuations in the technology sector.
About
CEO
Employees
0
Address
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Phone
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Website
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Instrument type
Common stock
Sector
Industry
Country
United Kingdom
MIC code
XLON