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01:09AM (15 mins delay)
Dec 18, 2008 - 9:48 AM EST
3X Developed and Emerging International, U.S. Tech
Fresh off a Wall Street Journal piece suggesting many of the end-of-day spikes in equity trading of late have been a direct result of the rapid growth in leveraged ETFs, Direxion launched its follow-up batch of 3X ETFs Wednesday, the first of their kind respectively. The new funds offer investors triple exposure to two MSCI indexes covering Developed ex-U.S. ((EAFE)) and Emerging Markets, as well as the Russell 1000 Technology Index.
Source: Seeking Alpha (Dec 18, 2008 - 9:48 AM EST)
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