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Autier Benoit GraniteShares

GraniteShares launches on Euronext Paris its long and short products on leading American companies

GraniteShares, a global issuer of exchange traded products with more than $ 1.6 billion under management, continues its expansion in Europe with a record launch of 62 trackers (ETPs) on Euronext Paris.

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Autier Benoit GraniteShares


Investors now have access, in euros and on the Paris Exchange, to 16 ETPs offering long and short daily leveraged exposures (+ 3x and -3x) on the largest individual American stocks: Amazon, Apple, Facebook, Google, Microsoft, NVIDIA, Tesla, and Uber.

A range of long and short daily leveraged ETPs on composite indices of US technology stocks is also available:

  • 3x long et short GAFAM, basket composed of Google, Apple, Facebook, Amazon, and Microsoft;
  • 3x long et short FAANG, basket composed of Facebook, Apple, Amazon, Netflix, and Google;
  • 3x long et short FATANG, basket composed of Facebook, Apple, Tesla, Amazon, Netflix, and Google.

These products are designed to amplify the daily performance of a reference asset, while benefiting from the advantages offered by an ETP, including continuous listing on a regulated market. The amplifying effect of these ETPs is obtained by a long coefficient of +3 or a negative coefficient (“short”) of -3, thus allowing sophisticated investors to express their bullish or bearish convictions on an asset.

GraniteShares was founded in 2016 and quickly established itself as the leader in high conviction products with the launch in London of a new category of collateralized ETPs, offering “Long” and “Short” exposure to US and UK equities.

Benoit Autier, Co-Founder and COO of GraniteShares commented:

« The French market has a long tradition with leveraged products. GraniteShares’s offering responds to this demand with a full range of ETPs with daily long and short leverage on the largest US technology companies as well as on indices covering a specific theme, such as FAANG and GAFAM. Thanks to this offer, French and European investors can now set up complex and high conviction strategies through a simple securities account. With this listing on Euronext Paris, GraniteShares is strengthening its leadership position in the high conviction ETP sector and proving its capacity for innovation for the benefit of experienced investors.»

Longs and Shorts Index Products Ticker
GraniteShares 3x Long FAANG Daily ETP 3FNG
GraniteShares 3x Short FAANG Daily ETP 3SFG
GraniteShares 3x Long GAFAM Daily ETP 3GFM
GraniteShares 3x Short GAFAM Daily ETP 3SGF
GraniteShares 3x Long FATANG Daily ETP 3FTG
GraniteShares 3x Short FATANG Daily ETP 3SFT
Longs and Shorts ETPs on US single stocks Ticker
GraniteShares 3x Long Alphabet Daily ETP 3LAL
GraniteShares 3x Short Alphabet Daily ETP 3SAL
GraniteShares 3x Long Amazon Daily ETP 3LZN
GraniteShares 3x Short Amazon Daily ETP 3SZN
GraniteShares 3x Long AMD Daily ETP 3LAM
GraniteShares 3x Short AMD Daily ETP 3SAM
GraniteShares 3x Long Apple Daily ETP 3LAP
GraniteShares 3x Short Apple Daily ETP 3SAP
GraniteShares 3x Long Facebook Daily ETP 3LFB
GraniteShares 3x Short Facebook Daily ETP 3SFB
GraniteShares 3x Long Microsoft Daily ETP 3LMS
GraniteShares 3x Short Microsoft Daily ETP 3SMS
GraniteShares 3x Long Moderna Daily ETP 3LMO
GraniteShares 3x Short Moderna Daily ETP 3SMO
GraniteShares 3x Long Netflix Daily ETP 3LNF
GraniteShares 3x Short Netflix Daily ETP 3SNF
GraniteShares 3x Long NIO Daily ETP 3LNI
GraniteShares 3x Short NIO Daily ETP 3SNI
GraniteShares 3x Long NVIDIA Daily ETP 3LNV
GraniteShares 3x Short NVIDIA Daily ETP 3SNV
GraniteShares 3x Long Palantir Daily ETP 3LPA
GraniteShares 3x Short Palantir Daily ETP 3SPA
GraniteShares 3x Long Tesla Daily ETP 3LTS
GraniteShares 3x Short Tesla Daily ETP 3STS
GraniteShares 3x Long UBER Daily ETP 3LUB
GraniteShares 3x Short UBER Daily ETP 3SUB

Source: ETFWorld.co.uk

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