3LFB
3x Leverage Facebook (FB) ETP
Leverage the daily return of Meta Platforms Inc (FB) stocks with 3x Long Facebook ETP. Available for trading on .
Product Description
GraniteShares 3x Long Facebook 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 Facebook Inc Index that seeks to provide 3 times the daily performance of Meta Platforms Inc shares.
For example, if Meta Platforms Inc rises by 1% over a day, then the ETP will rise by 3%, excluding fees and other adjustments. However, if Meta Platforms Inc falls by 1% over a day, then the ETP will fall by 3%, excluding fees and other adjustments.
GraniteShares +3x Facebook is available in EUR,GBX,USD
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3x Leverage Facebook (FB) ETP OVERVIEW
LISTING AND CODES for 3x Leverage Facebook (FB) ETP
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INDEX & PERFORMANCE of 3x Leverage Facebook (FB) ETP
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COLLATERAL Details of 3x Leverage Facebook (FB) 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.
