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MicroSectors™ Launches Oil & Gas Exploration & Production ETNs

By: ETFdb
On Tuesday, REX Shares, LLC (“REX”) announced the launch of two new MicroSectors Exchange Traded Notes (ETNs) issued by Bank of Montreal (BMO) linked to the Solactive MicroSectors™ Oil & Gas Exploration & Production Index (SOLOILT). The MicroSectors™ Oil & Gas Exploration & Production 3x Leveraged ETNs (OILU) and the MicroSectors™ Oil & Gas Exploration & Production -3x Inverse Leveraged ETNs (OILD) will start trading today on NYSE Arca.
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