Alert: Reverse Split on 3SPA(1:8,500), 3SMI(1:35,000) and 3SSQ(1:16,00)

<p>Alert:<small class="text-black ps-2"> Reverse Split on <small class="text-black ps-2">3SPA(1:8,500), 3SMI(1:35,000) and 3SSQ(1:16,00)</small></small></p>

3LAL

3x Leverage Alphabet (GOOG) ETP


Leverage the daily return of Alphabet (GOOG) stocks with 3x Long Alphabet ETP. Available for trading on London Stock Exchange, Euronext Paris, Borsa Italiana.

3LAL Product Description

GraniteShares 3x Long Alphabet Daily ETP is a collateralised, Exchange-Traded Product (ETP). The ETP tracks, excluding fees and other adjustments, the performance of the Solactive Daily Leveraged 3x Long Alphabet Inc Index that seeks to provide 3 times the daily performance of Alphabet shares.

For example, if Alphabet rises by 1% over a day, then the ETP will rise by 3%, excluding fees and other adjustments. However, if Alphabet falls by 1% over a day, then the ETP will fall by 3%, excluding fees and other adjustments.

GraniteShares +3x Alphabet is available in EUR,GBX,USD

What is Alphabet (GOOG)

Alphabet Inc is a holding company created in 2015 following a vast reorganization at Google. Alphabet is Google’s parent company. Alphabets’ subsidiaries offer various services including web-based search, hardware solutions, software applications, enterprise solutions, hardware products, maps, and advertisements. For most, Google was synonymous with a search engine, perhaps also for some mailbox. But since its creation, the group has grown enormously, and by the creation of this holding, not only the other brands of the group can be more visible, but also more efficient: each one is now more autonomous. 

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Key Facts

Tickers (Trading Currency)
3LAL (EUR) / 3LAL (USD) / 3LGE (EUR) / 3LGP (GBX)
ISIN
XS2675292309
Underlying Stock
Leverage Factor
+3x
Base Currency
USD
Total Daily Ongoing Cost
0.0055%
Value per ETP Security as of 26 September 2023
$29.22968071
Dividend
Reinvested
Best ETP Provider

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3x Leverage Alphabet (GOOG) ETP OVERVIEW

LISTING AND CODES for 3x Leverage Alphabet (GOOG) ETP

Prices and Codes are affected by the Reverse Split of the Ratio 1:3
Exchange Trading
Currency
Ticker ISIN SEDOL WKN
London Stock Exchange USD 3LAL XS2675292309 BMZ8DQ9
London Stock Exchange EUR 3LGE XS2675292309 BMZ8DR0
London Stock Exchange GBX 3LGP XS2675292309 BMZ8DS1
Euronext Paris EUR 3LAL XS2675292309 BMZ8DT2
Borsa Italiana EUR 3LAL XS2679084603 BNT9FQ9

INDEX & PERFORMANCE of 3x Leverage Alphabet (GOOG) ETP

1 Month 3 Months YTD 1 Year 3 Year Since Inception

COLLATERAL Details of 3x Leverage Alphabet (GOOG) ETP

Understanding Collateral


Collateralised ETP Securities are backed with collateral, subject to eligibility criteria, to protect investors in event of default. The amount of collateral posted by the Swap Counterparty is held and valued by an independent custodian in a segregated account and is adjusted daily and reflects the collateralised ETPs' change in value and in the outstanding number of securities. The Bank of New York Mellon SA/NV serves as the Swap Collateral Custodian.

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