Direxion (www.direxion.com) has announced it will execute a reverse split of the issued and outstanding shares of the Direxion Daily Energy Bear 2X Shares (Ticker: ERY), Direxion Daily CSI China Internet Index Bull 2X Shares (Ticker: CWEB), and the Direxion Daily FTSE China Bull 3X Shares (Ticker: YINN) (each, a "Fund" and collectively, the "Funds"). The total market value of the shares outstanding will not be affected as a result of these splits, except with respect to the redemption of fractio
Eurasia Group President Ian Bremmer joins 'Influencers with Andy Serwer' to discuss the fight against COVID-19 and its impact on various nations around the world.
The appeal of exchange traded funds (ETFs) is simple: They mix the diversification benefits of mutual funds, though some are concentrated, with the ability to trade on an intraday basis. There are now thousands of ETFs to choose from and more are being added on a regular basis. For example, a leveraged ETF may attempt to double the return of an index on a daily basis.