ProShares has dropped two new ETFs onto the
AMEX. The
UltraShort MSCI Emerging Markets ProShares and the
Short MSCI Emerging Markets ProShares both began trading on the AMEX today.
The American Stock Exchange(R)
(Amex(R)) today announced that it has launched trading in two new exchange
traded funds by ProShare Advisors LLC (ProShares). ProShares now offers
investors a choice of 56 ETFs, all of which are listed on the Amex.
"The Amex continues to support leading ETF issuers in bringing ground-
breaking products to the marketplace," said Scott Ebner, Senior Vice
President of the Amex ETF Marketplace. "We are proud to have been selected
to list these new ProShares, which offer inverse and leveraged inverse
exposure to emerging markets indexes."
UltraShort MSCI Emerging Markets ProShares (Amex: EEV) seeks daily
investment results, before fees and expenses, that correspond to twice
(200%) the inverse (opposite) of the daily performance of the MSCI Emerging
Markets Index.
Short MSCI Emerging Markets ProShares (Amex: EUM) seeks daily
investment results, before fees and expenses, that correspond to the
inverse (opposite) of the daily performance of the MSCI Emerging Markets
Index.
The MSCI Emerging Markets Index consists of the following 25 emerging
market country indices: Argentina, Brazil, Chile, China, Colombia, Czech
Republic, Egypt, Hungary, India, Indonesia, Israel, Jordan, Korea,
Malaysia, Mexico, Morocco, Pakistan, Peru, Philippines, Poland, Russia,
South Africa, Taiwan, Thailand, and Turkey. The Index includes companies
with capitalizations between $99 million and $99 billion and the average
capitalization of the companies comprising the Index is approximately $3
billion.
Bluefin Specialists, LLC is the specialist for EEV and EUM.
About the American Stock Exchange
The American Stock Exchange(R) (Amex(R)) offers trading across a full
range of equities, options and exchange traded funds (ETFs), including
structured products and HOLDRS(SM). In addition to its role as a national
equities market, the Amex is the pioneer of the ETF, responsible for
bringing the first domestic product to market in 1993. Leading the industry
in ETF listings, the Amex lists 364 ETFs to date. The Amex is also one of
the largest options exchanges in the U.S., trading options on broad-based
and sector indexes as well as domestic and foreign stocks. For more
information, please visit http://www.amex.com. 
Edited by:
Erin Kello
Stay ahead of the news ... Sign up for our email alerts now
CLICK HERE