Overview
Description
WT Brent Crude Oil 3x Daily Short is an exchange-traded product designed for investors seeking to capitalize on declines in the price of Brent Crude Oil. As a leveraged inverse financial instrument, it aims to deliver three times the inverse daily return of the Brent Crude oil benchmark. This asset is particularly relevant for traders looking to employ a short-term strategy to benefit from anticipated drops in oil prices, offering a way to gain exposure without holding futures contracts directly. The WT Brent Crude Oil 3x Daily Short strongly impacts sectors reliant on oil, such as energy, transportation, and manufacturing, by indirectly influencing their profitability and cost structures. Its presence in the financial market provides a speculative tool to hedge against oil price movements, contributing to market liquidity and allowing for dynamic risk management strategies. It is structured for sophisticated market participants who understand the complexities and risks of leveraged and inverse products.
About
Address
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Website
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Instrument type
ETF
Country
Italy
MIC code
XMIL