ProShares [profile] is looking to expand its horizon, according to Forbes.

The publication notes a filing with the U.S. Securities Exchange Commission by BATS Exchange revealed that it was seeking comment on listing three managed futures strategies from ProShares.

Forbes notes that ProShares currently lists 134 of its products on the Arca exchange.

According to the magazine, BATS Global Markets on January 24th "became the third listing venue for U.S. exchange-traded products when the iShares unit of BlackRock launched the first of sixteen new funds on the BATS BZX Exchange. Several of those new funds even debuted after BATS self-listed initial public offered stumbled in March."

To learn more about this development, go to Forbes. 

Edited by: Tommy Fernandez


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