The exchange-traded funds (ETFs) will provide 2x daily exposure to five technology and semiconductor-related companies when they begin trading next month.
Tradr ETFs is set to launch five single-stock leveraged ETFs on 1 July, expanding its range of products offering amplified exposure to individual equities. The latest launches continue Tradr's focus on single-stock leveraged ETFs The funds, which will be listed on Cboe, are designed to deliver 200% of the daily performance of their respective underlying stocks. The launches include the Tradr 2X Long CIEN Daily ETF (CIEX) linked to Ciena Corporation, the Tradr 2X Long QNT Daily ETF (QNTU) l