Traders work on the floor at the New York Stock Exchange (NYSE) in New York City, U.S., November 17, 2023. And should they, given the many risks that come with such a fast-paced strategy? Bank of Montreal launched the Max SPX 500 4x leveraged ETNs, which will be the highest leveraged exchange traded product in the U.S., according to CFRA. The notes are based on the S&P 500 Total Return Index and will trade under the ticker "XXXX" beginning on Tuesday. Investors have shown a preference for the higher leveraged funds, like the popular Direxion Daily Semiconductor Bull 3x Shares (SOXL) ETF .

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Persons: Max, iShares —, Aniket Ullal Organizations: New York Stock Exchange, Bank of Montreal, Nvidia, SEC, Investors, Daily Semiconductor Locations: New York City, U.S