The launch is in response to trader demand for leveraged exposure to Adobe, PayPal, Texas Instruments and UnitedHealth.
Direxion launched four exchange traded funds that provide 2X daily exposure to Adobe, PayPal Holdings, Texas Instruments and UnitedHealth Group Inc. The firm said the products are intended for traders seeking short term, catalyst‑driven positions in individual equities at a time when company‑specific developments are influencing a greater share of market activity. Direxion cited a shift in trading patterns, with investors increasingly reacting to earnings, guidance updates and sector or macro d