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Direxion Launches META Single Stock Leveraged and Inverse ETFs

Published

7 months ago

on

–News Direct–

Following their recent success with Single Stock Leveraged and Inverse ETFs, Direxion, a leading provider of tradeable and thematic ETFs, today announced the launch of an additional pair, which allow active traders to obtain magnified, or inverse, exposure to the daily performance of the common stock of Meta Platforms, Inc. through either the Direxion Daily META Bull 2X Shares (Ticker: METU) or Direxion Daily META Bear 1X Shares (Ticker: METD).

Although Meta has been around for over two decades, the company continues to evolve and innovate, cementing itself as a lasting leader in the tech space, said Direxion Managing Director, Edward Egilinsky. But thats not without periods of short-term ebbs and flows, of which traders seek to take advantage.

Offering ground-breaking products built for active traders, Direxions pairs of Single Stock Leveraged and Inverse ETFs are meant to be used for short-term trading purposes. These ETFs should not be viewed as buy and hold investments, but rather trading tools for traders with a high-risk tolerance. In addition, unlike traditional ETFs, or even other levered and/or inverse ETFs, these ETFs track the price of a single stock rather than an index, eliminating the benefits of diversification.

"With the launch of METU and METD, Direxion is the only provider to offer Single Stock ETF pairs for all of the Magnificent Seven, Egilinsky added. Traders may respond tactically to headline news, earnings reports, and market sentiment for the Magnificent Seven on an individual basis via our Single Stock suite, or collectively with our recently launched QQQU and QQQD, which provide exposure to a concentrated basket of the seven companies.

All Direxion leveraged and inverse ETFs are intended only for investors with an in-depth understanding of the risks associated with seeking leveraged investment results, and who plan to actively monitor and manage their positions. There is no guarantee these ETFs will meet their objective. Please visit the Direxion Leveraged and Inverse ETF Education Center, where you will find educational brochures, videos, and a self-paced online course to help you understand if leveraged ETFs are right for you.

About Direxion:

Direxion equips investors who are driven by conviction with ETF solutions built for purpose and fine-tuned for precision. These solutions are available for a broad spectrum of investors, whether executing short-term tactical trades, or investing in thematic strategies. Direxions reputation is founded on developing products that precisely express market perspectives and allow investors to manage their risk exposure. Founded in 1997, the company has approximately $42.3 billion in assets under management as of March 31, 2024. For more information, please visit www.direxion.com.

There is no guarantee that the Funds will achieve their investment objectives.

For more information on all Direxion Shares ETFs, go to www.direxion.com, or call us at 866.301.9214.

An investor should carefully consider a Funds investment objective, risks, charges, and expenses before investing. A Funds prospectus and summary prospectus contain this and other information about the Direxion Shares. To obtain a prospectus and summary prospectus call 866-476-7523 or visit our website at direxion.com. A Funds prospectus and summary prospectus should be read carefully before investing.

Investing in the funds involves a high degree of risk. Unlike traditional ETFs, or even other leveraged and/or inverse ETFs, these leveraged and/or inverse single stock ETFs track the price of a single stock rather than an index, eliminating the benefits of diversification. Leveraged and inverse ETFs pursue daily leveraged investment objectives, which means they are riskier than alternatives which do not use leverage. They seek daily goals and should not be expected to track the underlying stocks performance over periods longer than one day. They are not suitable for all investors and should be utilized only by investors who understand leverage risk and who actively manage their investments. The Funds will lose money if the underlying stocks performance is flat, and it is possible that the Bull Fund will lose money even if the underlying stocks performance increases, and the Bear Fund will lose money even if the underlying stocks performance decreases, over a period longer than a single day. An investor could lose the full principal value of his or her investment in a single day. Investing in the Funds is not the same as investing directly in META.

Technology Sector Risk The market prices of technology related securities tend to exhibit a greater degree of market risk and sharp price fluctuations than other types of securities. These securities may fall in and out of favor with investors rapidly, which may cause sudden selling and dramatically lower market prices. Technology securities may be affected by intense competition, obsolescence of existing technology, general economic conditions and government regulation and may have limited product lines, markets, financial resources, or personnel.

Meta Platforms, Inc. Investing Risk Meta Platforms, Inc. is subject to a number of risks related to: its product offerings; business operations and financial results; government regulation and enforcement; the ability to collect and use consumer data; data, security and intellectual property; and the dual class structure of the companys common stock, which limits the ability of shareholders to influence corporate matters.

Direxion Shares Risks An investment in each Fund involves risk, including the possible loss of principal. Each Fund is non-diversified and includes risks associated with a Fund concentrating its investments in a particular security, industry, sector, or geographic region which can result in increased volatility. A Fund's investments in derivatives such as futures contracts and swaps may pose risks in addition to, and greater than, those associated with directly investing in securities or other investments, including imperfect correlations with underlying investments or the Fund's other portfolio holdings, higher price volatility and lack of availability. As a result, the value of an investment in a Fund may change quickly and without warning. Risks of the Funds include Effects of Compounding and Market Volatility Risk, Derivatives Risk, Counterparty Risk, Rebalancing Risk, Intra-Day Investment Risk, Market Risk, Industry Concentration Risk, Cash Transaction Risk, Indirect Investment Risk, and risks specific to the technology sector and internet company industry. Additional risks include, for the Direxion Daily META Bull 2X Shares, Leverage Risk and Daily Correlation Risk, and for the Direxion Daily META Bear 1X Shares, Shorting or Inverse Risk as well as Daily Inverse Correlation Risk. Please see the summary and full prospectuses for a more complete description of these and other risks of the Funds.

Distributor: Foreside Fund Services, LLC.

Contact Details

Ditto Public Relations

Danielle Black, SAE

direxion@dittopr.co

Company Website

https://www.direxion.com/

View source version on newsdirect.com: https://newsdirect.com/news/direxion-launches-meta-single-stock-leveraged-and-inverse-etfs-772354307

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Press Release

One-Hour Payouts: Hola Prime Solves Prop Trading’s Biggest Problem

Published

7 minutes ago

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January 10, 2025

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New York, NY – 10/01/2025 – (SeaPRwire) – Hola Prime launched One-Hour Payment service to solve the biggest problem of Prop Trading. Delays in payouts have long been a source of frustration for traders in the prop trading industry. Many firms require traders to wait for days or even weeks, creating uncertainty and eroding trust. Hola Prime has turned this challenge into an opportunity to lead with innovation.

“Waiting for payouts can be incredibly stressful for traders, especially when they’ve worked hard to meet their profit targets. At Hola Prime, we’ve eliminated that stress by ensuring payouts are processed within an hour, ” said the CFO.

Behind the One-Hour Payout Process

Hola Prime’s payout system is built on meticulous checks and balances:

  • Compliance First: Every payout request is reviewed by a dedicated Compliance and Risk Management team to ensure it aligns with all regulatory and internal standards.
  • Finance Excellence: The firm employs a “maker-checker” system, a dual-verification process that minimizes errors and guarantees accuracy in every transaction.
  • Daily Payouts Calculation: Hola Prime monitors traders’ activities daily, ensuring payouts are calculated and kept ready with no delays.

This multi-layered approach ensures a seamless experience for traders. According to internal data, over 99% of Hola Prime’s payout requests are completed in under 60 minutes, significantly outperforming the industry average of 3-5 business days. Their average payout time is just 45 minutes.

To maintain this swift payout system, Hola Prime uses advanced forecasting to predict daily liabilities. This ensures the firm is always prepared to meet trader obligations, even during high-traffic periods.

“We don’t just react to payout requests; we prepare for them in advance. This proactive approach guarantees that our commitment to transparency and reliability is never compromised,” the CFO explained.

Furthermore, Hola Prime’s partnerships with top-tier Payment Service Providers (PSPs) like Rise and leading crypto platforms further enhance its payout efficiency. These relationships enable fast, multi-currency, and crypto-friendly transactions, ensuring traders worldwide receive their payouts seamlessly.

The CFO of Hola Prime shared an exciting update, announcing the availability of Hola Prime Visa Cards as a standard payout withdrawal method for traders. These cards allow traders to seamlessly access their earnings for online purchases, in-store transactions, and ATM withdrawals. This innovative feature highlights Hola Prime’s commitment to delivering convenience and setting new benchmarks in the prop trading industry.

In a market where days-long payouts are the norm, Hola Prime’s one-hour payout process sets a new industry standard. By prioritizing transparency, reliability, and speed, Hola Prime empowers traders to focus on what truly matters – their performance.

About Hola Prime

Hola Prime is a leading global proprietary trading firm with a strong presence in the UK, Hong Kong, Cyprus, Dubai, and India. Renowned for its commitment to transparency, Hola Prime serves prop traders across 175+ countries, offering access to over 50 trading instruments. The firm is dedicated to empowering traders with real-time risk management, advanced technological infrastructure, and a secure trading environment. Committed to fairness and trust, Hola Prime ensures seamless payouts, robust compliance, and a reliable trading experience. With multiple trading platforms and a focus on bringing freshness to the prop trading industry, Hola Prime is redefining the future of trading.

 

Social Links

Facebook: https://www.facebook.com/profile.php?id=61565158992654&sk=about_contact_and_basic_info

Instagram: https://www.instagram.com/holaprime_global/

YouTube: https://www.youtube.com/channel/UCtVEJa1Ml132Be7tnk-DjeQ

LinkedIn: https://www.linkedin.com/company/hola-prime/?viewAsMember=true

Twitter: https://x.com/HolaPrimeGlobal

Discord: https://discord.gg/TJ7TcHPXBf

Quora: https://www.quora.com/profile/HolaPrime/

Reddit: https://www.reddit.com/user/HolaPrime/

Medium: https://medium.com/@social_46267

 

Media Contact

Company: Hola Prime

Contact: Media Team

Email: marketing@holaprime.com

Website: https://holaprime.com/

SOURCE: Hola Prime

 

The article is provided by a third-party content provider. SeaPRwire ( https://www.seaprwire.com/ ) makes no warranties or representations in connection therewith.

Sectors: Top Story, Corporate News

SeaPRwire provides real time press release distribution for companies and organizations to 6,500+ media outlets & 3.5 million professional desktops in 90 regions. It distributes press releases in different languages, including: IndonesiaFolk, IndoNewswire, SEATribune, IDNewsZone, LiveBerita, DailyBerita, TaiwanPR, SinchewBusiness, AsiaEase, BuzzHongKong, SingapuraNow, TIHongKong, TaipeiCool, TWZip, AsiaFeatured, dePresseNow, THNewson, KULPR, VNFeatured, MENAEntry, HunaTimes, DubaiLite, ArabicDir, BeritaDaring, TekanAsia, JamKopi …

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Press Release

Keynode Unveils Game-Changing Update to Simplify Crypto Staking and Boost Accessibility

Published

52 minutes ago

on

January 10, 2025

By

Keynode, a crypto staking platform, has launched a new feature to make crypto staking great for all. This solves the major entry barriers to staking and aims to bring broader adoption of blockchain through simpler staking processes and more transparency.

The announcement shows Keynode’s commitment to remove technical barriers and give investors a way to interact with crypto staking platforms securely and easily. By making staking easier, Keynode lets users unlock their digital assets and participate in the networks with ease.

The Growth of Crypto Staking Platforms

Crypto staking is growing as the preferred way to earn staking rewards within blockchain ecosystems. Unlike traditional mining, crypto staking uses the Proof of Stake (PoS) consensus mechanism which is energy-efficient and eco-friendly. Investors who stake contribute to the network security and get crypto staking rewards from transaction fees and newly minted coins.

Keynode’s new update comes at a time when staking is getting more popular. As more blockchains adopt PoS models, crypto staking platforms that make staking rewards more accessible are becoming a must have.

A New Staking Rewards Era

The updates to the platform are part of a bigger trend in the industry: crypto staking platforms becoming user-centric hubs that focus on simplicity, security, and accessibility. By improving the staking experience, the crypto staking platform will attract a broader range of investors from beginners who want to explore digital assets to seasoned professionals looking for diversified opportunities.

One of the biggest changes in this update is the reduction of staking thresholds. Traditional staking methods require big investments and technical knowledge such as running a validator node or holding a minimum but high deposit to start crypto staking. The platform’s new system allows investors to stake with much lower amounts, making crypto staking more accessible to everyone.

Staking Made Easy

The platform now has a user-friendly interface to make staking of crypto assets easier. Investors can select their assets, stake them with a few clicks, and monitor their earnings. The system takes care of the technical aspects of crypto staking like syncing to the blockchain so that even first-time users can stake with confidence.

Besides ease of use, the staking platform also has 24/7 customer support to assist users at any stage of their staking journey. This focus on user experience means even those who are new to staking can navigate the platform. By working with regulated entities and implementing industry best practices, the platform safeguards users’ assets and it’s also compliant with global standards.

What This Means for Investors

This launch means investors have less barriers to earn passive income through crypto staking. Users can start crypto staking with smaller amounts and have support at their disposal.

This also fits with Keynode’s vision to empower users by offering staking plans that cater to different investment goals. Investors can choose staking plans that suits their needs from short term to long term.

The platform’s new feature is a stepping stone for future developments to make the crypto economy more accessible. As blockchain technology advances the staking platform will continue to support its users with more tools and resources to make participating in decentralized networks easier.

About Keynode

Keynode is a crypto staking platform that makes staking easier for investors worldwide. Security, flexibility, and user experience are their focus so that users can stake and earn rewards while being part of the blockchain technology.

For more information about Keynode and its latest updates, visit www.keynode.net.

Email: info@keynode.net

Phone: (+1) 678-310-6834

Location: 1325 Avenue of the Americas,New York City,United States,New York

Disclaimer: The information contained in this press release is not investment advice, and it is also not investment, financial, or trading advice. There are risks with cryptocurrency mining as well as with staking. There is a potential loss of funds, so you are strongly advised to make sure due diligence is done, consulting with a professional financial advisor, before investing in or trading cryptocurrencies and securities.

Media Contact

Organization: KeyNode

Contact Person: Kiven Scott

Website: https://keynode.net/

Email: Send Email

Address: 1325 Avenue of the Americas, New City, NY, United States, New York

City: New York

Country: United States

Release Id: 10012522491

The post Keynode Unveils Game-Changing Update to Simplify Crypto Staking and Boost Accessibility appeared on King Newswire. It is provided by a third-party content provider. King Newswire makes no warranties or representations in connection with it.

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Press Release

Revolutionizing Psychology: Asian Conference on Applied Psychology 2025 Unveils VR Networking and Global Collaboration

Published

1 hour ago

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January 10, 2025

By

Singapore – 10/01/2025 – (SeaPRwire) – Mark calendars for a groundbreaking event that blends cutting-edge psychology insights with state-of-the-art technology – the Asian Conference on Applied Psychology (ACAP) 2025, hosted by East Asia Research, with the esteemed support of the Applied Psychological Research Program, Faculty of Psychology, Chulalongkorn University, and the Thai Psychology Association (TPA), will take place from 22-23 July 2025, online and at the Holiday Inn Singapore Atrium, Singapore.

In celebration of East Asia Research’s 10th anniversary, this year’s ACAP 2025 is redefining global collaboration by introducing an immersive Virtual Reality (VR) Meetup. This innovative feature provides a first-of-its-kind networking experience, seamlessly connecting both virtual and in-person attendees. With the academic endorsement of Chulalongkorn University’s Psychology Department, ACAP 2025 is set to be a landmark event for professionals, researchers, and students in applied psychology.

Mental Health and Well-being in a Diverse, Connected World

Under the theme “Mental Health and Well-being in a Diverse, Connected World,” ACAP 2025 invites academics, researchers, and professionals in applied psychology and related disciplines to present and discuss:

  • Recent innovations in applied psychology
  • Emerging trends and challenges
  • Practical solutions emphasizing mental health and well-being

Special focus will be placed on interdisciplinary approaches, addressing mental health and well-being in education, communities, workplaces, and online environments.

A Game-Changing Event like No Other

Highlights of ACAP 2025 include:

  • Southeast Asia Academic Powerhouse: Featuring an unparalleled lineup of sessions and research presentations, backed by Chulalongkorn University’s Psychology Department.
  • VR Meetup: Revolutionizing networking by enabling immersive connections among attendees, whether in-person or online.
  • Dr Ian Tim Heazlewood Best Paper Award: Honouring the most impactful psychology paper with this prestigious accolade.
  • Career Fair: Providing free display opportunities for academic institutions and creating meaningful connections between recruiters and top psychology talent.
  • Global Networking: A platform to foster enduring collaborations with leading experts, innovators, and peers shaping the future of applied psychology.

Empowering the Next Generation of Thinkers

For the first time, ACAP 2025 will unite in-person and virtual attendees in one shared space through VR technology, delivering an inclusive and transformative experience.

“We are redefining what it means to attend a global conference,” says Anthony Tan, Training and Development Head at East Asia Research. “With the support of Chulalongkorn University’s Psychology Department and the introduction of VR technology, ACAP 2025 promises to deliver an experience that is innovative, inclusive, and unforgettable. For the first time, in-person and virtual presenters will have the opportunity to meet in the same space.”

Join the Movement

Don’t miss this transformative event where psychology meets technology, and innovation meets opportunity.

Visit https://acap.ear.com.sg for registration and additional information.

About East Asia Research Pte Ltd

East Asia Research (EAR), based in Singapore, fosters intellectual exchange through inclusive and representative academic conferences and publications. Guided by Confucian principles, EAR promotes respect, integrity, and community, advancing research worldwide. Discover more about our other conferences at

2025 Asia-Singapore Conference on Sport Science

2025 Singapore Conference on Applied Psychology

2025 Asian Conference on Applied Psychology

2025 Asia-Pacific Conference on Economics & Finance

Media Contact

Anthony Tan, Training and Development Head

East Asia Research Pte Ltd

Email: anthonytan@ear.com.sg

Phone: +65 6203 3767

 

The article is provided by a third-party content provider. SeaPRwire ( https://www.seaprwire.com/ ) makes no warranties or representations in connection therewith.

Sectors: Top Story, Corporate News

SeaPRwire provides real time press release distribution for companies and organizations to 6,500+ media outlets & 3.5 million professional desktops in 90 regions. It distributes press releases in different languages, including: IndonesiaFolk, IndoNewswire, SEATribune, IDNewsZone, LiveBerita, DailyBerita, TaiwanPR, SinchewBusiness, AsiaEase, BuzzHongKong, SingapuraNow, TIHongKong, TaipeiCool, TWZip, AsiaFeatured, dePresseNow, THNewson, KULPR, VNFeatured, MENAEntry, HunaTimes, DubaiLite, ArabicDir, BeritaDaring, TekanAsia, JamKopi …

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