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2LZM

2x Leverage Zoom (ZM) ETP


Leverage the daily return of Zoom Video Communications Inc (ZM) stocks with 2x Long Zoom ETP . Available for trading on Borsa Italiana, London Stock Exchange.

2LZM Product Description

GraniteShares 2x Long Zoom Daily ETP is a collateralised, Exchange-Traded Product (ETP). The ETP tracks, excluding fees and other adjustments, the performance of the Solactive Daily Leveraged 2x long Zoom Index that seeks to provide 2 times the daily performance of Zoom Video Communications Inc shares.

For example, if Zoom Video Communications Inc rises by 1% over a day, then the ETP will rise by 2%, excluding fees and other adjustments. However, if Zoom Video Communications Inc falls by 1% over a day, then the ETP will fall by 2%, excluding fees and other adjustments.

GraniteShares 2x Long Zoom is available in EUR,GBP,USD

What is Zoom Video Communications Inc (ZM) ?

Zoom Video Communications, Inc. operates as a communications technology company. The Company offers an easy-to-use communication platform and solutions for video meetings, phone calls, whiteboarding, and annotation for users to connect with anyone from anywhere. Zoom Video Communications serves customers worldwide.

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Key Facts

Tickers (Trading Currency)
2LZM (EUR) / 2LZM (USD) / LZM2 (GBP)
ISIN
XS2376991654
Underlying Stock
Zoom Video Communications Inc (ZM)
Leverage Factor
+2x
Base Currency
USD
Total Daily Ongoing Cost
0.0058%
Value per ETP Security as of 25 September 2023
$0.42538717
Dividend
Reinvested
Best ETP Provider

Related Products

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2x Leverage Zoom (ZM) ETP OVERVIEW

LISTING AND CODES for 2x Leverage Zoom (ZM) ETP

Exchange Trading
Currency
Ticker ISIN SEDOL WKN
Borsa Italiana EUR 2LZM XS2376991654
London Stock Exchange GBP LZM2 XS2376991654 BMHWF85
London Stock Exchange USD 2LZM XS2376991654 BMHW8Z3

INDEX & PERFORMANCE of 2x Leverage Zoom (ZM) ETP

1 Month 3 Months YTD 1 Year 3 Year Since Inception

COLLATERAL Details of 2x Leverage Zoom (ZM) 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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