BOOST ETP wins 'Most Innovative European ETP Provider', for the second consecutive year, at the ETF Express global awards
Thursday 27th February '14
Boost ETP wins 'Most Innovative European ETP Provider', for the second consecutive year, at the 2014 ETF Express global awards.
Boost ETP, the award winning and specialist European provider of short and leverage exchange traded products (ETPs), AUM and trading volumes has reached new records as AUM rose by 200% in 12 weeks and trading volumes rose 2,000% in 7 months. In January 2014, the most popular BOOST ETP was the Boost Natural Gas 3x Short Daily ETP (3NGS), where volumes were the highest and comprised 27% of total BOOST turnover.
Boost’s platform is unique since it offers a platform of short and leverage ETPs and ETCs is 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 22 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
Nik Bienkowski, Co-CEO of BOOST ETP said: “We are extremely proud to win this award again because of our robust structure and unique product offering. Since we won the award in 2013, we have had two further set of products listed in the UK and listed Italy's first 3x short and 3x leveraged ETPs and ETCs. Boost ETP was founded to bring products to the ETP market, beginning with the offering of a specialised product range, short and leverage 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 sixth 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.