UBS Investment Bank announced that today is the first day of trading on the NYSE Arca® for a new ETN: the ETRACS S&P GSCI Crude Oil Total Return Index ETN (NYSE Arca®: OILX). OILX is linked to the performance of the S&P GSCI Crude Oil Total Return Index. About the S&P GSCI Crude Oil Total Return Index The index is a sub-index of the S&P GSCI Commodity Index (GSCI) and reflects the excess returns that are potentially available through an unleveraged investment in the contracts comprising the index, plus the Treasury Bill rate of interest that could be earned on funds committed to the trading of the underlying contracts. There are multiple West Texas Intermediate...
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