• BOOST is celebrating one year of trading on the LSE
• BOOST offers Europe’s first 3x Short and 3x Leverage equity ETPs and commodity ETCs
• Europe’s first dedicated provider of Short and Leverage ETPs
• BOOST now offers 54 listings on 2 exchanges, having traded $162 million YTD
• BOOST AUM has now reached an all-time high of $52 million
BOOST ETP, the award winning and independent Exchange-Traded Product (ETP) provider is celebrating one year of trading on the London Stock Exchange (LSE), having first listed the World’s first 3x Short and 3x Leverage ETPs tracking the FTSE100 index on 6 December 2012. Since then, BOOST has listed Short and Leverage ETPs covering some of Europe’s most widely followed equity and commodity indices such as FTSE 250, DAX, FTSE MIB, gold, silver, oil and natural gas. BOOST ETPs are now available on both the LSE and Borsa Italiana.
Demand for transparent, liquid and robust Short & Leverage (S&L) ETPs has increased over the past few years with global S&L ETP assets rising to around $51.3bn . Demand for ETPs has increased as many financial markets have trended sideways, resulting in volatile but poor long term returns. Investors have increasingly needed to focus on tactical and hedging opportunities to ensure they preserve and grow their capital. The fact that S&L ETPs trade and settle the same as equities has been very attractive to most investors who generally are unable to access complex derivative products, such as options and futures. This week, BOOST’s assets rose to an all-time high of $52 million.
During the past 12 months, BOOST has passed many milestones including volumes reaching $162m YTD having risen 380% since June , a $57 million notional trade in 3x Short EuroSTOXX 50, record trading in Italy on FTSE MIB and Natural Gas gaining approximately 7% market share in six weeks since listing, as well as becoming registered for CPD credits given BOOST’s strong focus on education to advisors and investors.
As one of the few independent ETP providers in Europe, BOOST has positioned itself for the expected continued growth in Europe’s ETP market. As a result, BOOST offers an ETP platform backed by high quality, transparent and diversified collateral, and which is supported by leading ETP service providers such as BNP, KCG, BNY Mellon and Capita.
Throughout 2013, BOOST has worked hard to develop its educational materials to help investors better understand the S&L ETP/ETF structure, focusing on the benefits and risks. Educational tools include the ‘Adviser/Investor Tool Kit’ which includes an Investor Tutorial and Test, a Returns Simulator, various informative fact sheets and extensive FAQs
. BOOST also provides regular conference calls and face to face educational opportunities for investors.
Co-CEO Nik Bienkowski commented:
“We are very proud to successfully have launched Europe’s latest entrant in to the growing ETP market. With a view to providing an innovative ETP platform to Europe’s investors into the foreseeable future, BOOST has built a secure, transparent and robust platform designed to withstand the demands of our investors. The recent rising trend in trading volumes and AUM is evidence of this. Given the performance of equity markets over the past fifteen months, we believe that Short and Leverage ETPs may become even more useful in 2014.”
Co-CEO Hector McNeil commented:
"It is not surprising that we are seeing some significant growth recently, with volumes up 380% since June, while BOOST’s AUM hit an all-time high of $52m this week, up 100% in the past six weeks. When compared to other ways of gaining leverage or short exposure such as futures, options, CFDs, spread bets and structured products, S&L ETFs and ETPs have some real benefits. Investors can’t lose more than their initial investment; they don’t need to complete complex derivative documentation; they trade on Exchange with multiple market makers; and counterparty risk is managed through a robust and transparent collateral processes.”