VelocityShares Launches Precious Metals ETNs
October 19, 2011 at 08:21 AM EDT
VelocityShares this week listed eight new leveraged and inverse exchange traded notes for precious metals. The new ETNs offer 200% and 300% leverage and allow investors to go long or short on gold, silver, palladium and platinum. The funds began trading on Oct. 17. [ETFs Listing at Brisk Pace] The...