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3BRS

MTA
0.50629997 EUR
0.0358
6.60%
Last update Jul 11, 5:29 PM CEST
Market closed
Day range
0.50559998
0.54280001
Previous close
0.54210001
Open
0.53899997
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WT Brent Crude Oil 3x Daily Short
0.51
0.04
6.60%

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

Exchange is currently closed (non-working day)
Pre-market opens in 12 hours 39 minutes

19:20
00:00
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).