Leverage X3 stocks tesla X3 apple x3

Hi @vvsvin,

New products: I’m glad you asked - there is indeed :slight_smile: I cannot discuss them yet, but you will see them soon enough.

-1x and 2x move in same direction: Yes, it is possible (although should not happen often). You should think of the price of the US listed stocks not just as stocks that trade between the US market open and the close, but as continuously trading in pre-market, market hours, post-market and beyond. So even when the US market is closed, market makers are still posting quotes based on news, last trades, etc. And of course, when both markets are open, they should move together (no market maker would offer bid/ask based on prices not correlated with the US stock).

Since the ETPs trade in the UK, they will be influenced by:

  1. How the US market closed
  2. Any news that came out between US close and UK (LSE) open
  3. Supply and demand on the ETP itself

Although on a daily basis it may seem that the % change on the ETP does not match what happened to the US stock, this is mainly due to the difference in trading hours. Here is how Tesla, Inc (TSLA, blue), Xetra-listed Tesla stock (TL0, red) and 2x Tesla (TSL2, orange) have moved last since last month - I think you’d agree that they do move in unison.