UBS Launches Exchange-Traded Note with Monthly-Resetting 2x Leveraged Exposure to the S&P 500(R) Total Return Index
Business Wire - Wed Mar 26, 9:20AM CDT
UBS Investment Bank announced that today is the first day of trading on the NYSE Arca(R) for the ETRACS Monthly Reset 2xLeveraged S&P 500(R) Total Return ETN (NYSE: SPLX). SPLX is linked to the monthly compounded 2x leveraged performance of the S&P 500(R) Total Return Index (the "Index"