Boost ETP wins 'Most Innovative European ETP Provider' at the ETF Express global awards
Thursday 28th February '13
London, 28 February 2013: BOOST ETP, an independent provider of ETPs, celebrated success today at the ETF Express Global Awards 2013, winning the award for Most Innovative European ETP Provider.
Boost’s platform is unique since it offers a platform of 3x leverage and 3x short ETPs. The first dedicated platform in Europe. In addition, Boost has a robust security and collateral structure whereby any counterparty risks are minimised. Boost is an independent ETP provider, independent from any investment bank, swap provider, market maker, trustee, and custodian. As a result, investor’s interests are aligned with Boost. Boost’s founders have over 20 years of experience in the ETP market. With that experience, plus the wealth of experience provided by Boost’s world class service providers, investors are able to enjoy efficient products with liquidity, strong counterparty risk management and relatively low costs
BOOST’s ETPs help expand the investment horizons of investors and allow them to execute a wide variety of strategies which include:-
- Leverage the daily returns of an investment for the same capital as a non-leveraged trade
- Hedge existing positions in one simple trade
- Use a long or short strategy to take advantage of any short term rises or falls in the market, especially in a sideways trending market
- Pair trading to take advantage of undervalued assets
- Shorting the market efficiently and cheaply without having to arrange and finance complex stock borrowing positions
Nik Bienkowski, Co-CEO of BOOST ETP said: “We are extremely proud to win this award because of our robust structure and unique product offering. BOOST ETP was founded to bring products to the ETP market, beginning with the offering of a specialised product range, 3x leveraged and 3x short ETPs to sophisticated investors. This is in direct contrast to the broad supermarket offerings of the majority of existing ETP providers. We are very pleased to see our ambitions being recognised and to be nominated by investors and peers in the industry when we have only just launched our products.”
The ETF Express Global Awards are in their fifth year, and are the only peer nominated awards in the ETP industry. ETF Express readers, including investors as well as managers and other industry professionals such as fund administrators, custodians, advisers and distributors, are invited to elect a 'best in class' via an online survey. This year, more than 1,200 readers nominated those companies that they believe excel in 24 different categories.