Boost benefits from dip in oil prices
10 February 2015 London
Image: Shutterstock
Boost’s range of short and leveraged oil and natural gas exchange traded products (ETPs) are now the most liquid in Europe, as the notional volume across the whole platform hit a record high of just over $1.5 billion in January.
The WisdomTree company’s oil ETPs traded almost $500 million in notional volume in January, about 20 percent more than any other issuer’s short and leveraged ETPs, while its natural gas ETPs had a notional volume more than double that of any other issuer, reaching $375 million,
Boost’s exchange traded contracts (ETCs) are listed on the London Stock Exchange, Borsa Italia and Germany’s Xetra, with a total of 95 listings.
Its trading volumes have seen a clear growth trend, more than tripling in the last six months. At the end of January, Boost reached a record high of $201 million in assets under management, or $572 million in notional terms.
Boost’s top ETP was the WTI Oil 3x Leverage Daily ETP, with a notional volume of $264.5 million.
Viktor Nossek, director of research at WisdomTree Europe, added: “The sharp downward trajectory in oil since the summer of last year stood out as the main macro event underpinning commodities. Investors would have benefited from using geared short ETPs tracking oil as a means to efficiently position bearishly around crude oil’s price slump."
The WisdomTree company’s oil ETPs traded almost $500 million in notional volume in January, about 20 percent more than any other issuer’s short and leveraged ETPs, while its natural gas ETPs had a notional volume more than double that of any other issuer, reaching $375 million,
Boost’s exchange traded contracts (ETCs) are listed on the London Stock Exchange, Borsa Italia and Germany’s Xetra, with a total of 95 listings.
Its trading volumes have seen a clear growth trend, more than tripling in the last six months. At the end of January, Boost reached a record high of $201 million in assets under management, or $572 million in notional terms.
Boost’s top ETP was the WTI Oil 3x Leverage Daily ETP, with a notional volume of $264.5 million.
Viktor Nossek, director of research at WisdomTree Europe, added: “The sharp downward trajectory in oil since the summer of last year stood out as the main macro event underpinning commodities. Investors would have benefited from using geared short ETPs tracking oil as a means to efficiently position bearishly around crude oil’s price slump."
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