This content is from: Innovation

STOXX Licenses Four Indices To RBS ETFs

STOXX has licensed four indices to RBS Global Banking & Markets to serve as a benchmark for four new exchange-traded funds.

STOXX has licensed four indices to RBS Global Banking & Markets to serve as a benchmark for four new exchange-traded funds. The EURO STOXX 50 Monthly Leverage, the EURO STOXX 50 Monthly Double Short, the LevDAX x2 (monthly) and the ShortDAX x2 (monthly) indices have been licensed.

The RBS MARKET ACCESS Euro Stoxx 50(r) Monthly Leverage Index ETF, the RBS MARKET ACCESS Euro Stoxx 50(r) Monthly Double Short Index ETF, the RBS MARKET ACCESS LevDAX(r) X2 Monthly Index ETF and the RBS MARKET ACCESS ShortDAX(r) X2 Monthly Index ETF will use the benchmarks. The four indices are being used as the basis for an ETF for the first time.

Click here for the release from STOXX.

Related Content