ISE With UBS Floats Two New ETNs

The International Securities Exchange has partnered with UBS to roll out two exchange-traded notes.

The International Securities Exchange (ISE) has partnered with UBS to roll out two exchange-traded notes (ETNs), Mondovisione reports. The Etracs ISE Solid State Drive Index ETN and the Etracs Monthly 2xLeveraged ISE Solid State Drive Index ETN will be benchmarked against the ISE Solid State Drive Index. The ETNs, which commenced trading on NYSE Arca on September 15, will provide investors with exposure to the solid state segment of the electronic storage industry. The new products are part of a portfolio of four UBS-issued ETNs based on ISE indexes.

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