On Tuesday, November 3, executives and guests of UBS Investment Bank visited the New York Stock Exchange to celebrate the launch of the UBS E-TRACS Dow Jones-UBS Commodity Index Total Return ETN. The ETN began trading on NYSE Arca on Thursday, October 29 under the ticker symbol DJCI.
The DJ-UBSCI TR is UBSs first ETN linked to the Dow-Jones UBS Commodity Index, which UBS purchased from AIG in May 2009. The DJ-UBSCI TR measures collateralized returns from a diversified basket of 19 commodity futures contracts from sectors spanning energy, precious metals, industrial metals, grains and livestock.
In honor of the occasion, Christopher Yeagley, UBS Managing Director and US Head of Equity Structured Products rang the NYSE Closing Bell.
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