Carry trade ETF / Jean W. Rosenthal, Jaan Elias, K. Geert Rouwenhorst.

Format:

Book

Author/Creator:

Rosenthal, Jean W., 1945- author.

Elias, Jaan, author.

Rouwenhorst, K. Geert, author.

Series:

SAGE Knowledge. Cases.

SAGE Knowledge. Cases

Language:

English

Subjects (All):

Deutsche Bank--History.

Deutsche Bank.

Banks and banking--Germany--History.

Banks and banking.

Exchange traded funds.

Investments.

History.

Germany.

Physical Description:

1 online resource.

Place of Publication:

London : SAGE Publications Ltd, 2017.

System Details:

text file

Summary:

In 2006 Deutsche Bank (DB) brought a new product to market an exchange traded fund (ETF) based on the carry trade, a strategy of buying and selling currency futures.The Deutsche Bank ETF allowed individual investors to participate in a strategy that previously had been available only through hedge funds or direct purchase of currencies and futures. It was developed at the Deutsche Bank AG New York's Global Currencies & Commodities Group, led by Yale SOM grad Kevin Rich and marketed by PowerShares. The product was launched in September 15, 2006, under the ticker DVB. It traded initially on the American Stock Exchange (AMEX). (As of October 2008 the American Stock Exchange was acquired by NYSE Euronext (NYX) and rebranded as NYSE Alternext).

Notes:

Originally published: Rosenthal, J. W., Elias, J., & Rouwenhorst, K. G. (2008). Carry Trade ETF. 08-056. New Haven, CT: Yale School of Management, Yale University. Retrieved from: http://vol09.cases.som.yale.edu/carry-trade-etf.

No ILL or scholarly sharing allowed.

Description based on XML content.

ISBN:

9781526407566

OCLC:

1017713966

Access Restriction:

Restricted for use by site license.