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SSPY

0.50590003 EUR
0.0003
0.06%
Last update Jul 15, 9:04 AM CEST
Main market
Day range
0.49620000
0.50590003
Previous close
0.50620002
Open
0.49620000
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LS -5x Short SPY ETP
0.51
0.00
0.06%

Overview

Description

The LS -5x Short SPY ETP is an exchange-traded product designed to provide short exposure to the S&P 500 Index. This financial instrument aims to deliver approximately five times the inverse daily performance of the SPY ETF, thus offering leveraged exposure to investors who anticipate a decline in the broad market index. Notably used by institutional investors and traders, this ETP is utilized within various strategies for hedging or speculative purposes, offering the potential for amplified returns in bearish market conditions. The LS -5x Short SPY ETP plays a significant role in the financial markets by providing a means for participants to mitigate risk or capitalize on downward movements in U.S. equities without directly shorting stocks. It is important in volatile markets, where rapid price movements occur, as it helps manage portfolio strategies that rely on inverse and leveraged products. This product is typically suited for seasoned investors due to its complex nature and the inherent risks associated with leverage and short positions, reflective of its integral role in sophisticated trading strategies.

About

CEO
Employees
0
Address
Phone
Website
Instrument type
Common stock
Sector
Industry
Country
Netherlands
MIC code
XAMS
Main market

Exchange is currently active.
Closing in 6 hours 18 minutes

11:21
00:00
09:00
17:40
23:59

Trading Hours (Monday - Friday):

Main market
09:00 - 17:40
All times are displayed in the Europe/Amsterdam timezone (CEST, UTC+02:00).