Market updates and forecasts

Get the latest economic news from ForexMart, including updates on the financial market, central banks' policy announcements, financial indicators, and other relevant news which can have an impact on the industry.

Disclaimer:  Information provided here to retail and professional clients does not contain and should not be construed as containing investment advice or an investment recommendation or an offer or solicitation to engage in any transaction or strategy in financial instruments. Past performance is not a guarantee or prediction of future performance.

Quadrupled-leverage ETFs Consented by U.S. SEC


May, 03 2017
watermark Economic news

The Securities and Exchange Commission has allowed a quadruple leverage in exchange traded funds (ETF) which is a first time for these kinds of assets in the United States. This is a solution of regulators considering that the sponsors are having a hard time to manage high leverage products in the market. Most of the ETFs are set three times leverage in the United States while in Europes, there are more sensitive products that are restricted.

On Tuesday, the U.S Senate held a suffrage with the result indicating Jay Clayton won as the chief of the SEC and this change in management could shift the direction. They are optimistic that this new administration could open the rest of leveraged products issuers for this year as mentioned by a top ETF official of New York Stock Exchange.

Feedback

ForexMart is authorized and regulated in various jurisdictions.

(Reg No.23071, IBC 2015) with a registered office at Shamrock Lodge, Murray Road, Kingstown, Saint Vincent and the Grenadines

Restricted Regions: the United States of America, North Korea, Sudan, Syria and some other regions.


© 2015-2024 Tradomart SV Ltd.
Top Top
Risk Warning:
Foreign exchange trading carries a high risk of losing money due to leverage and may not be suitable for all investors. Before deciding to invest your money, you should carefully consider all the features associated with Forex, as well as your investment objectives, level of experience, and risk tolerance.
Foreign exchange trading carries a high risk of losing money due to leverage and may not be suitable for all investors. Before deciding to invest your money, you should carefully consider all the features associated with Forex, as well as your investment objectives, level of experience, and risk tolerance.