Direxion launches latest leveraged ETFs

Direxion, a US-based provider of alternative investment strategies, has unveiled two three-times leveraged exchange-traded funds (ETFs) in its range. The Direxion Mid Cap Bull 3x Shares and Direxion Mid Cap Bear 3x Shares ETFs provide 300% of the daily performance, or inverse daily performance, of the Russell MidCap Index. The index, which is a subset of the Russell 1000 index, measures the performance of the mid-cap sector of the US equity universe.

"Trading volume for the products has been quite high, mainly due to the fact that we now offer investors the highest amount of leverage available in the marketplace on the long and short side," says Dan O'Neill, president of Direxion Shares. "Additionally, the flexibility that these products afford investors can prove quite valuable in these volatile markets."

Related Stories:

http://www.structuredproductsonline.com/public/showPage.html?page=829675

">Direxion bursts into ETF market with 300%

Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.

To access these options, along with all other subscription benefits, please contact info@risk.net or view our subscription options here: http://subscriptions.risk.net/subscribe

You are currently unable to copy this content. Please contact info@risk.net to find out more.

Sorry, our subscription options are not loading right now

Please try again later. Get in touch with our customer services team if this issue persists.

New to Risk.net? View our subscription options

Most read articles loading...

You need to sign in to use this feature. If you don’t have a Risk.net account, please register for a trial.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an individual account here