BMO and REX Shares have launched six leveraged and inverse exchange-traded notes linked to equity markets in Brazil, Japan and Taiwan.
Bank of Montreal (BMO) and REX Shares have launched six MicroSectors ETNs that provide leveraged long and short exposure to equity markets in Brazil, Japan and Taiwan. Each ETN is designed to provide three times leveraged long or short exposure to the daily performance of a specific index The products are set to begin trading on the Cboe BZX Exchange under the tickers BRZL, BRZD, JPNU, JPND, TAWN and TPEI. The launch includes the MicroSectors 3× Long Brazil ETNs (BRZL) and Micro