MacroShares enable investors and hedgers the ability to hold an economic interest in either the upward or the downward movement of the reference index because every MacroShares offering is comprised of a pair of securities that trade separately: "Up" MacroShares and "Down" MacroShares.
"We are pleased to welcome the MacroShares Up and Down Oil Trust to NYSE Arca," said Lisa Dallmer, SVP, Global Exchange Traded Products and Indexes, NYSE Euronext. "MacroShares, the first issuer of Paired Trust Securities, is an innovator, and we look forward to listing more Paired Trust Securities developed by MacroShares that will give investors the opportunity to track important sectors of the economy."
Name and ticker symbol of the 2 MacroShares ETF trading on NYSE Arca:
MacroShares - Name of ETF - Symbol
MacroShares ETF - MacroShares $100 Oil Down - DOY
MacroShares ETF - MacroShares $100 Oil Up - UOY -- www.nyse.com