NYSE Euronext (NYX) announced that its wholly-owned subsidiary, NYSE Arca, began trading the UBS E-TRACS Dow Jones-UBS Commodity Index Total Return ETN (NYSE Arca: DJCI) on Thursday, October 29, 2009. Issued by UBS AG, the ETN is designed to track the performance of the DJ-UBS Commodity Index Total Return (the “Index”), less investor fees.
The Index is composed of the prices of nineteen exchange-traded futures contracts on physical commodities. Its overall return is generated by two components: (i) unleveraged returns on futures contracts on the physical commodities comprising the DJ-UBS Commodity Index and (ii) the returns that correspond to the weekly announced interest rate for specified 3-month U.S. Treasury Bills.
Background on Exchange Traded Products (ETPs) on NYSE Euronext
NYSE Euronext operates the world's largest Exchange Traded Products marketplace, and is the leading venue for Exchange Traded Funds (ETFs), Exchange Traded Notes (ETNs), Exchange Traded Vehicles (ETVs) and Warrants and Certificates trading. NYSE Euronext's offering of these products provides investors access to regulated listings as well as fast and innovative trading tools to access liquidity. Including today’s listings, NYSE Arca, NYSE Euronext's
