Opening and Closing Bell on Wall Street
On Wednesday, June 1, Factor Advisors visited the NYSE to celebrate the successful launch of FactorShares, the first family of spread exchange traded funds (ETFs), which listed on the NYSE Arca on February 24, 2011. FactorShares are the first ETFs that allow sophisticated investors to simultaneously track two market segments, offering a convenient way to hold two opposing positions in one unified, tactical approach.
To honor the occasion Stuart Rosenthal, CEO of Factor Advisors, rang The Opening Bell®
About Factor Advisors:
Factor Advisors, LLC (Factor) is a New York-based asset management firm dedicated to improving the way investors accomplish spread trading strategies. Factor's flagship offering, FactorShares, is the first family of spread exchange traded funds (ETFs). With one simple trade, each FactorShares ETF enables investors to track two market segments, one long and one short, in one convenient and cost-effective position. Factor has partnered with several premier organizations in order to develop and offer FactorShares including Interactive Brokers, Standard & Poor's and State Street Bank. For more information about Factor Adviso
rs please visit: http://www.factorshares.com/about-us.aspx .