Direxion bursts into ETF market with 300% leveraged products

Direxion, a US-based provider of alternative investment strategies, has entered the exchange-traded fund (ETF) market with its range of eight leveraged bull and bear ETFs. The Direxion Shares 3x ETFs seek 300% of the daily performance, or inverse of the daily performance of four Russell indexes, providing the highest amount of leverage on offer in the ETF arena.

The ETFs have been designed for active trading strategies in both bull and bear markets. The range of bull ETFs comprises the Direxion L

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