American Stock Exchange Lists Two New ETFs From ProShares
November 08 2007 - 10:22AM
PR Newswire (US)
NEW YORK, Nov. 8 /PRNewswire/ -- The American Stock Exchange(R)
(Amex(R)) today announced that it has launched trading in two new
exchange traded funds: UltraShort FTSE/Xinhua China 25 ProShares
(AMEX:FXP) and UltraShort MSCI Japan ProShares (AMEX:EWV) by
ProShare Advisors LLC (ProShares). ProShares now offers investors a
choice of 58 ETFs, all of which are listed on the Amex. "The
American Stock Exchange is proud to have partnered with ProShares
to bring these exciting new products to the marketplace," said
Scott Ebner, Senior Vice President of the Amex ETF Marketplace.
"The Amex takes great pride in supporting all of ProShares' ETF
listings on the Exchange." The UltraShort FTSE/Xinhua China 25
ProShares seeks daily investment results, before fees and expenses,
that correspond to twice (200%) the inverse (opposite) of the daily
performance of the FTSE/Xinhua China 25 Index. The UltraShort MSCI
Japan ProShares seeks daily investment results, before fees and
expenses, that correspond to twice (200%) the inverse (opposite) of
the daily performance of the MSCI Japan Index. Kellogg Capital
Group, LLC is the specialist for FXP and Goldman Sachs Execution
& Clearing, LP is the specialist for EWV. 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 372 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/.
DATASOURCE: American Stock Exchange CONTACT: Mary Chung of American
Stock Exchange, +1-212-306-1641, Web site: http://www.amex.com/
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