There are dozens of exchange-traded products on the market that allow you to obtain up to 3x and -3x exposure to specific indices, sectors and countries. Now, a company called Leverage Shares has introduced ETPs that provide 2x leverage on single stocks. Leverage Shares ETPs are listed on the London Stock Exchange and currently cover 25 different companies (pretty much all of the biggest names that you'd expect). These products don't use leverage in the form of derivatives, they own the underlying stock and use margin to buy additional shares. Because of this, expect fund expenses to be quite high. The Leverage Shares 2x Alphabet ETP, for example, charges a management fee of 0.75% along with a Fed Funds Effective + 1% margin rate. Like other leveraged products traded here in the U.S., positions are reset on a daily basis so they're not recommended for anything other than a very short-term holding period.https://twitter.com/RyanPKirlin/status/1017035070497087488!function(d,s,id){var js,fjs=d.getElementsByTagName(s)[0],p=/^http:/.test(d.location)?'http':'https';if(!d.getElementById(id)){js=d.createElement(s);js.id=id;js.src=p+"://platform.twitter.com/widgets.js";fjs.parentNode.insertBefore(js,fjs);}}(document,"script","twitter-wjs"); It was noted by a user on Twitter that VelocityShares attempted to launch similar products a number of years ago, but they failed to get past the SEC. In other words, don't expect anything like this to debut in the States soon. Why would investors even consider a product like this? Convenience mainly, but the margin rate achieved in these products is significantly lower than what you'd find using some of the bigger brokerages so there's a cost advantage too. I've never been a fan of leveraged ETFs and ETNs. I've traded them a little in the past with limited success, but they seem more like gambling than anything. It's not surprising that ETPs like this would pop up given the industry's nature to offer investment options for almost anything, but this isn't anything I'd be interested in playing around with. What do you think? Is the idea of a double-leveraged single stock ETP appealing to you? Comment down below!