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New Currency Exchange Traded Funds (ETFs)

Submitted by lucas20 on Fri, 02/22/2008 - 16:07.

Now trading on the NYSE Euronext (NYSE NYX) are five new ETFs (ETNs) to trade currencies just like you would a stock. The new issues are:

1) AUD/USD Exchange Rate ETN (NYSE: ADE) tracks the Australian Dollar
2) CAD/USD Exchange Rate ETN (NYSE: CUD) tracks the Canadian Dollar
3) CHF/USD Exchange Rate ETN (NYSE: SZE) tracks the Swiss Franc
4) EUR/USD Exchange Rate ETN (NYSE: ERE) tracks the Euro.
5) GBP/USD Exchange Rate ETN (NYSE: EGB) tracks the British Pound


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