New ETN Is a Play on the M&A Comeback
October 06, 2010 at 04:00 AM EDT
Activity in the merger and acquisition space is getting hot and heavy. That makes a new exchange traded note (ETN) from Credit Suisse especially timely. The Credit Suisse Merger Arbitrage Liquid Index (NYSEArca: CSMA) seeks to capture the spread between two prices: the price of a stock of the...