WisdomTree Short EUR Long USD 5x Daily
LUD5.L
London Stock Exchange- -
USD
- -
- -
Capital Structure
FRC
•
in mil. unless spec.Working Capital
FRC
•
in mil. unless spec.Growth Rates
FRC
•
in mil. unless spec.Quarterly Revenue
FRC
•
in mil. unless spec.Quarterly Earnings Per Share
FRC
•
in mil. unless spec.Quarterly Dividends Per Share
FRC
•
in mil. unless spec.- Sector
- Financial Services
- Industry
- Asset Management
- Address
- Jersey
- IPO Date
- Nov 24, 2015
- Similar Companies
- Business
- WisdomTree Short EUR Long USD 5x Daily (LUD5.L) is an exchange-traded product (ETP) issued by WisdomTree Foreign Exchange Limited that provides leveraged short exposure to the Euro (EUR) relative to the US Dollar (USD), tracking the MSFX 5x Short Euro/US Dollar Index (TR). The ETP employs synthetic replication through unfunded swaps backed by fully collateralized assets held at The Bank of New York Mellon, with Morgan Stanley & Co. International plc serving as the swap counterparty; it offers a -5x daily leverage factor on the EUR/USD exchange rate movement plus an interest rate differential component as a total return index. Structured as a debt security domiciled in Jersey, the product is UCITS eligible, ISA and SIPP eligible, and trades on exchanges like the London Stock Exchange in USD, targeting sophisticated investors seeking magnified short-term currency returns without physical delivery or margin requirements. The issuer, WisdomTree Foreign Exchange Limited, a special purpose vehicle established under Jersey law, focuses on collateralised currency ETPs across leveraged and short strategies in major currency pairs; WisdomTree Foreign Exchange Limited securities feature limited recourse obligations, daily swap rates of approximately 0.002466%, and key service providers including The Law Debenture Trust Corporation p.l.c. as trustee and Computershare Investor Services (Jersey) Ltd as registrar. As part of the broader WisdomTree group, headquartered in New York with significant EMEA operations in London and Dublin, the firm operates globally across equities, commodities, fixed income, currencies, and alternatives, serving institutional and retail investors in Europe, the US, and other regions. Recent developments for WisdomTree include the completion of its acquisition of Ceres Partners, LLC in October 2025, marking entry into private asset markets via a US farmland investment platform to diversify beyond ETPs into uncorrelated real assets; this followed the July 2025 announcement and aims to blend public and private market exposures for enhanced client offerings. No specific product launches, partnerships, or reorganizations directly tied to LUD5.L appear in the last 1-2 years, though WisdomTree continues expanding its leveraged currency ETP suite, including relistings on exchanges like Deutsche Boerse, amid stable operations under Financial Conduct Authority regulation. The ETP maintains consistent synthetic structure and counterparty arrangements without reported operational shifts.