Direxion Closing 3X Leveraged Gold ETF

The Direxion Shares ETF Trust II has decided to liquidate and close the Direxion Daily Gold Bull 3X Shares (Ticker: BAR) exchange-traded fund (“the Fund”) based on the recommendation of Direxion Asset Management, LLC (“Direxion”), the Fund’s Sponsor. Due to the Fund’s inability to attract sufficient investment assets, Direxion believes the Fund cannot continue to […]

ProShares to Close +2x AUD ETF

ProShares announced that it plans to close and liquidate ProShares Ultra Australian Dollar (NYSE Arca: GDAY). The ETF lacked the demand necessary to remain open and according to a statement issued by ProShares: ‘After the close of business on June 18, 2015, the fund will no longer accept creation orders. Trading in the fund on […]