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ISE With UBS Floats Two New ETNs
The International Securities Exchange has partnered with UBS to roll out two exchange-traded notes.
TheInternational Securities Exchange(ISE) has partnered withUBSto roll out two exchange-traded notes (ETNs),Mondovisionereports. TheEtracs ISE Solid State Drive Index ETNand theEtracs Monthly 2xLeveraged ISE Solid State Drive Index ETNwill be benchmarked against theISE Solid State Drive Index.
The ETNs, which commenced trading onNYSE Arcaon September 15, will provide investors with exposure to the solid state segment of the electronic storage industry. The new products are part of a portfolio of four UBS-issued ETNs based on ISE indexes.
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