3x Short Microsoft (MSFT) ETP

Available for trading on London Stock Exchange, Euronext Paris, Borsa Italiana.

3SMS Product Description

GraniteShares 3x Short Microsoft 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 Short Microsoft Corp Index that seeks to provide -3 times the daily performance of Microsoft shares.

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

GraniteShares -3x Microsoft is available in EUR,GBX,USD

What is Microsoft(MSFT)?

Microsoft Corporation is an American-based multinational technology giant that produces computer software, personal computers, consumer electronics, and related services headquartered at the Microsoft Redmond campus located in Redmond, Washington, United States. The company’s most known products are the Windows line of operating systems, Internet explorer, Microsoft Office Suite, and Edge web browsers. The company’s flagship hardware products include the Xbox video game consoles as well as the Surface line-up of touch screen personal computers series. Furthermore, the company developed cloud-based computing products. Microsoft Azure Service Platform was the entry of the company into the cloud computing market launched on October 27, 2008.

Microsoft Q4 Earnings Report 2023

  Fact Sheet

Key Facts

Tickers (Trading Currency)
3SME (EUR) / 3SMP (GBX) / 3SMS (EUR) / 3SMS (USD)
Underlying Stock
Leverage Factor
Base Currency
Total Daily Ongoing Cost
Value per ETP Security as of 27 September 2023
Best ETP Provider

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3x Short Microsoft (MSFT) ETP OVERVIEW

LISTING AND CODES for 3x Short Microsoft (MSFT) ETP

Exchange Trading
London Stock Exchange USD 3SMS XS2722160707 BNDSD79
London Stock Exchange EUR 3SME XS2722160707 BNDSDB3
London Stock Exchange GBX 3SMP XS2722160707 BNDSDC4
Euronext Paris EUR 3SMS XS2722160707 BNDSDD5
Borsa Italiana EUR 3SMS XS2722160707 BNDSDF7

INDEX & PERFORMANCE of 3x Short Microsoft (MSFT) ETP

1 Month 3 Months YTD 1 Year 3 Year Since Inception

COLLATERAL Details of 3x Short Microsoft (MSFT) 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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