2SZM
2x Short Zoom (ZM) ETP
Available for trading on .
2SZM Product Description
GraniteShares 2x Short 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 short 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 fall by 2%, excluding fees and other adjustments. However, if Zoom Video Communications Inc falls by 1% over a day, then the ETP will rise by 2%, excluding fees and other adjustments.
GraniteShares 2x Short Zoom is available in EUR,GBP,USD
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2x Short Zoom (ZM) ETP OVERVIEW
LISTING AND CODES for 2x Short Zoom (ZM) ETP
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INDEX & PERFORMANCE of 2x Short Zoom (ZM) ETP
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COLLATERAL Details of 2x Short 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.
