Leverage Shares - 2x Facebook
FB2.L
London Stock Exchange- -
USD
- -
- -
Capital Structure
FRC
•
in mil. unless spec.Working Capital
FRC
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in mil. unless spec.Growth Rates
FRC
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in mil. unless spec.Quarterly Revenue
FRC
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in mil. unless spec.Quarterly Earnings Per Share
FRC
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in mil. unless spec.Quarterly Dividends Per Share
FRC
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in mil. unless spec.- Sector
- Financial Services
- Industry
- Asset Management - Leveraged
- Address
- 4th Floor, 3 George's Dock, IFSC Dublin Ireland D01 X5X0
- IPO Date
- Dec 8, 2017
- Website
- leverageshares.com
- Similar Companies
- Business
- Leverage Shares 2x Facebook ETP Securities A (FB2.L) is an exchange-traded product (ETP) issued by Leverage Shares Plc that provides two times (2x) the daily return of Meta Platforms, Inc. (formerly Facebook, Inc.) stock, adjusted for fees and costs, through physical replication by directly investing in the underlying shares and employing margin borrowing to achieve leverage; it tracks the NYSE Leveraged 2x FB Index and features an intraday rebalance mechanism to cushion large intra-day falls, with key risks including magnified losses, daily compounding effects, and suitability only for sophisticated traders monitoring positions daily. The ETP trades like an equity on exchanges including the London Stock Exchange (in USD as FB2, GBP as 2FB, and EUR as FB2E), Euronext Amsterdam, and is available in countries such as the United Kingdom, Italy, Germany, France, Spain, Netherlands, Ireland, Poland, and Belgium; it has an ongoing management fee of 0.75%, margin rate based on Fed Funds Effective Overnight Rate plus 2%, and ISIN IE00BF03XP94. Leverage Shares Plc, founded in 2017 and headquartered at 2nd Floor, Block 5, Irish Life Centre, Abbey Street Lower, Dublin 1, Ireland, with additional offices in Greenwich, Connecticut, USA, specializes in leveraged and inverse ETPs offering physical replication across single stocks, ETFs, indices, and commodities, primarily targeting professional and experienced investors in the financial derivatives and structured products segment. In September 2025, the issuer launched 19 new ETPs on the London Stock Exchange, including the first-ever 3x leveraged products on stocks such as Robinhood (HOOD), Hims & Hers (HIMS), UnitedHealth (UNH), Intel (INTC), Broadcom (AVGO), ASML, and Eli Lilly (LLY), alongside 5x long/short on FTSE 100 and FTSE MIB, a 3x long FAANG+ basket, and others, reflecting robust growth with YTD turnover through August 2025 up 86% versus 2024 and average monthly trading up nearly 50% year-over-year; further expansions in October 2025 included cross-listings of 21 IncomeShares products on Euronext Amsterdam, and in November 2025 preparations for 3x BTC and ETH ETPs on SIX Swiss Exchange, with December 2025 additions of new single-stock leveraged ETFs by Leverage Shares by Themes on IREN, BE, GEV, and SATS. The issuer maintains strategic relationships with service providers including trustee Apex Corporate Trustees (UK) Ltd, margin providers Interactive Brokers LLC and/or Morgan Stanley & Co. LLC, and continues to innovate in the leveraged ETP space amid rising demand from active traders seeking precise exposure without futures or margin accounts.