TWSE Press Release
TWSE reviews Cathay SITC's application for recognition of U.S. Treasury 20+ Year Leveraged and Inverse Indices.
Publish Date︰2017/02/13 15:55
The Taiwan Stock Exchange (TWSE) announces that TWSE has called a meeting to review recognition of Cathay SITC's Jan 12th application for the "Bloomberg Barclays U.S. Treasury 20+ Year Leveraged 2X Index" and "Bloomberg Barclays U.S. Treasury 20+ Year Inverse 1X Index" and has approved it on Feb 2nd.
According to TWSE, the application shows that the indexes are based on the "Bloomberg Barclays 20+ Year U.S. Treasury Bond Index" and reflect two times leverged or one time negative single-day return respectively. The original index is compiled by Bloomberg Index Services Limited.
The TWSE states that the number of listed ETFs has reached to 65 funds covering the world’s major stock exchanges or markets, including stocks, bonds and commodities.