GraniteShares expand its product range of Leveraged and Short ETP with a new underlying Stock.
NIO Leveraged and Short 3x ETP
Tickers: 3LNI (Long 3x) and 3SNI (Short -3x)
Are they live on T212? I ask as I get error messages when I try to purchase in app?
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It will be live soon, most probably before the end of the day.
Gotcha
Understood
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Noob question;
Why is Tesla Long spiking today? The US market isn’t open right now but it’s red in pre market. Surely the x3 Short should be in the green instead?
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that’s a good question, it is due to the time difference.
London Stock Exchange closed at 4.30 UK Time on friday, and NYSE was still open for few hours.
The spike is due to the price movement between 4.30 UK Time on friday and NYSE closing.
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Ok so that would explain the morning jump yeah? but its climbing as I type this, so I’m assuming the climbing at this moment isn’t due to TSLA, but people buying this stock?
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Correct, because if you check Tesla (listed in Germany), the stock price is up: TESLA INC. DL -,001 (TL0.DE) Stock Price, News, Quote & History - Yahoo Finance
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It could also be subdivided as ETPs in a new category and not mixed in with all the ETFs, because it gets somehow lost between so much ETFs. It will bring more visibility to your ETPs.
@Team212
Although ETFs are ETPs, not all ETPs are ETFs. GraniteShares and Leverage Shares ETPs aren’t funds, like are the ETFs.
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As you said, all ETF are ETP… but all ETP are not ETF.
We did an article to explained the different kind of ETP: Everything You Need to Know About ETPs
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Interesting article.
I already read your FAQ and your website, I suppose I can consider that your ETPs are debt-related exchange products (collateralised).
Based on the article above, what do you think it describes better your ETP? Definitely not an ETF, but it is a…
(I’m interested in the categorization of your ETPs, mainly for tax reasons, in some countries, the declared income must be characterized by the instrument type, e.g. stocks, debt, funds, derivatives, etc.)
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That’s correct!
It is not ETF, as far as ETF have several restrictions that did not allow to do Leveraged & Short on single stock or stock basket like FAANGs.
Our ETPs are ETNs.
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Thanks Marc.
It’s was a bit confusing to me, because the ETN normally don’t hold assets, it’s the ETC that usually are physically-backed.
Your ETPs are collateralized but not a commodity (ETC), it mixes the characteristics of an ETN and an ETC.
Merci.
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Avec plaisir 
Yes, our ETPs are innovative in the structure.
Feel free to come back here if you have any questions!
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Yes, offering collateralized ETNs is a good idea. GraniteShares (GS) is an innovative financial institution.
GS intends also to include EUR denominated ETPs of the existing ETPs or for new ETPs (e.g. Euro Area stocks)?
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ETP based on Euro Area Stocks are in the pipeline. 
We are also exploring to list our ETPs on others EU Exchanges, this will maybe come with EUR denomination.
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Excellente nouvelle!
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[ETP Listing Update - NIO]
As it may happen on the 1st day of trading for new listed products, we had few hours without quotes and price execution in order to finalize the organization between all the different market participants. I apologize for the inconvenience!
NIO ETP will be LIVE tomorrow morning at the LSE opening (in fact, it have been live just before market closing today)… and you will be able trade our new NIO Leveraged ETPs on your Trading212 mobile app or web platform.
I want also thank all the traders and investors who have sent us a lot of positive feedback on GraniteShares ETPs. The volumes on our ETPs are increasing day by day, which motivates us to continue to create new innovative products.
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Yesterday, I announced the creation/listing of our new NIO Leveraged and Short 3x ETP. But it was actually not the biggest novelty of GraniteShares.
GraniteShares listed yesterday a new type of ETP on the LSE.
FAANG, GAFAM & FATANG ETPs (I will create a specific topic with more details)
Please find below the product list:
