Short and Long Leveraged ETPs enable you to gain 2, 3 or 5 times the daily performance of an index, commodity or currency pair, with your risk firmly fixed at the amount that you invested.
These are for the frequent trader who needs a little more certainty. You know what you stand to gain because it is fixed at 2, 3 or 5 times the daily performance of the underlying asset. You know what you could lose because it will never be more than you invested. You know that you can buy or sell your product at any point during the trading day, because live prices must be provided to the London Stock Exchange (LSE) in normal market conditions.
Short and Leveraged ETPs are entirely designed around the daily performance of your chosen Underlying Asset. This means that your profit or loss each day is determined by how much the Underlying Asset has risen or fallen that day. You can hold a short and long leveraged ETP for more than a day but gains and losses will be compounded over time.
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Securitised derivatives are classified as complex financial products and therefore prior to trading these products with your Broker they will be required to assess whether you have necessary knowledge and experience in order to understand the risks involved in dealing in these products. https://www.handbook.fca.org.uk/handbook/COBS/10
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Leveraged returns are a major advantage of Short & Long Leveraged Exchange Traded Products but can also work against investors. Investors in Short & Long Leveraged Exchange Traded Products should be aware that, if the underlying instrument to the product moves in the opposite direction to that anticipated by investors, the losses incurred by the product will be greater in percentage terms than those incurred by the underlying itself. The prices of Short & Long Leveraged Exchange Traded Products can therefore be volatile. Short & Long Leveraged Exchange Traded Products have a limited life, as denoted by the expiry date of each issue. After this date, the products can no longer be traded or exercised. As the product is reset on a daily basis, your capital could erode very quickly following a continued succession of positive or negative performance of the underlying asset. Investors who wish to hold their position overnight will pay a commission in the same way as they would with a fund.
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