Direxion is the second largest U.S. provider of leveraged ETFs after ProShares.
Direxion will not be giving up on its core business in leveraged and inverse products. The company plans to increase leverage in several of its 200% daily products. [Direxion Boosting Leverage in Several ETFs]
“We are very committed to the active audience and will roll out more leveraged ETFs in coming months,” Andy O’Rourke, director of marketing at Direxion, said.
For more information on leveraged funds, visit our leveraged ETFs category.
Max Chen contributed to this article.