3x Leverage Amazon (AMZN) ETP

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

3LZN Product Description

GraniteShares 3x Long Amazon 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 Amazon.com Inc Index that seeks to provide 3 times the daily performance of Amazon shares.

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

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

What is Amazon (AMZN)

Amazon is an online retailer and manufacturer of books, an electronic book reader called Kindle headquartered in Seattle, United States. The Web service provider of the company became one of the iconic examples of electronic commerce. It is known worldwide as a leader in this market, and incidentally the largest company in the world. Even though most of the products sold are sold by Amazon, there are also a lot of third-party sellers on the site. They have turned the table on online shopping experience for customers but online selling of goods and services.  Beyond online sales, the company is also present in music streaming (Amazon Music), video on demand (Amazon Prime TV), or cloud computing (Amazon Web Service - AWS). Amazon offers an array of downloadable and streaming content through Amazon Prime Videos.

  Fact Sheet

Key Facts

Tickers (Trading Currency)
3LPE (EUR) / 3LZN (EUR) / 3LZN (USD) / 3LZP (GBX)
Underlying Stock
Leverage Factor
Base Currency
Total Daily Ongoing Cost
Value per ETP Security as of 26 September 2023
Best ETP Provider

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3x Leverage Amazon (AMZN) ETP OVERVIEW

LISTING AND CODES for 3x Leverage Amazon (AMZN) ETP

Prices and Codes are affected by the Reverse Split of the Ratio 1:30
Exchange Trading
London Stock Exchange USD 3LZN XS2675292218 BMZ8DK3
London Stock Exchange EUR 3LPE XS2675292218 BMZ8DL4
London Stock Exchange GBX 3LZP XS2675292218 BMZ8DM5
Euronext Paris EUR 3LZN XS2675292218 BMZ8DN6
Borsa Italiana EUR 3LZN XS2675292218 BMZ8DN6

INDEX & PERFORMANCE of 3x Leverage Amazon (AMZN) ETP

1 Month 3 Months YTD 1 Year 3 Year Since Inception

COLLATERAL Details of 3x Leverage Amazon (AMZN) 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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