WisdomTree Europe’s Boost Short & Leverage ETP range hits new trading volume record in February
Turnover of $1.5bn reflects 186% growth year-on-year
Boost ETP, Europe’s award winning, specialist Short & Leverage (S&L) Exchange-Traded Product (ETP) provider reaches a record $1.5bn of total monthly exchange turnover in February this year. This record turnover across all 64 Boost short & leverage products this past month represents a 186% increase year-on-year and 22% since January.
Boost trading volumes are predominantly comprised of Borsa Italiana and London Stock Exchange flow at $1.2bn and $0.3bn respectively with volumes on Xetra growing at an average rate of 43% month-to-month. In the same time period, Boost has now seen turnover on the Borsa Italiana and London Stock Exchange grow by 72% since November 2015 and 127% when compared to trading volumes from one year ago.
“The growth in trading volumes is a strong affirmation of the value of Boost’s short and leveraged products in today’s volatile markets. Investors have access to hedging strategies across a range of asset classes with the recent focus being on oil, equities and fixed income. We have seen consistent growth in assets across both our ETP and UCITS ETF platforms, and have reached record AUM levels growing by nearly 200% over the past year, as clients recognise the benefits and uses of these differentiated products, ” said Hector McNeil, Co-CEO WisdomTree Europe.
The global S&L ETP/ETF industry continues to hold steady at near record highs of $68.3bn or +14% for 2015 according to the Q4 2015 BOOST ETP’s Industry Report.
Boost’s growth has been the result of providing innovative products and a focus on proactively educating investors about the benefits and risks of using S&L ETPs. The many different investment strategies that investors can employ also add to the usefulness of the products.