In a first for the US market, AXS Investments has introduced eight single-stock leveraged and inverse (L&I) products, inviting a caveat from regulators.
Going live on 14 July, the initial suite provides investors with leveraged long and short daily exposure to Tesla, Nvidia, PayPal, Nike or Pfizer. The eight Nasdaq-listed products are AXS TSLA Bear Daily ETF, AXS 1.25X NVDA Bear Daily ETF, AXS 1.5X PYPL Bull Daily ETF, AXS 1.5X PYPL Bear Daily ETF, AXS 2X NKE Bull Daily ETF, AXS 2X NKE Bear Daily ETF, AXS 2X PFE Bull Daily ETF and AXS 2X PFE Bear Daily ETF. AXS has once again opened new access for investors, to express their high-conviction v