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Leverage Shares 3x Long Taiwan Semiconductor (TSM) ETP Securities is a leveraged exchange-traded note that provides triple daily leverage exposure to Taiwan Semiconductor Manufacturing Company shares. Designed for professional investors, this product seeks to track the iSTOXX Leveraged 3x TSM index, which amplifies the daily performance movements of TSMC stock by three times. The ETP uses synthetic replication through swap arrangements to achieve its leveraged strategy and operates with an accumulating distribution policy, reinvesting dividends to compound returns. Issued by Leverage Shares and domiciled in Ireland, this product is intended for sophisticated investors with high risk tolerance who seek enhanced upside exposure to Taiwan's leading semiconductor manufacturer. The ETP trades across multiple European exchanges in various currencies and represents a specialized tool for tactical positioning in the technology sector.