The Spanish stock exchange trades the first ETFon the IBEX 35® Double Short

It is the first ETF on the Spanish stock market on a double short strategy……

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This issue brings the number of ETFs listed on the Spanish stock exchange to 67, in this way increasing the number of assets linked to strategy indices in the Spanish market.

The IBEX 35® DOUBLE SHORT offers double short exposure to the daily return on the IBEX35® NET RETURN, through the investment of an initial capital plus an equivalent loaned capital. A negative daily return on the IBEX35® NET RETURN yields a positive return, but double that amount, for the IBEX 35® DOUBLE SHORT and viceversa.

The trading volume on the ETF segment to November reached €3.19bn on 40,613 trades

Source: ETFWorld – BME