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ISE ETF Ventures Launches the ISE Cyber Security™ Index (HXR)NEW YORK --(Business Wire)-- ISE ETF Ventures announced today the launch of the ISE Cyber SecurityTM Index (ticker: HXR), an index that allows investors to quickly take advantage of both event-driven news and long term economic trends in the cyber security and information technology space. The index, which is the first and only one focused specifically on publically-listed companies that develop or provide cyber security technology and related services, is licensed to PureFunds® and will be the basis for an exchange traded fund (ETF). Kris Monaco, Head of ISE ETF Ventures said: "The ISE Cyber Security Index is a demonstration of ISE ETF Ventures' continued commitment to growth and expansion in the indexing and ETF space. As cybercrime continues to grow, companies in all sectors, from financial services to consumer goods, are prioritizing cyber security as a fundamental corporate discipline. The ISE Cyber Security Index provides investors with the first and only index to track the firms that provide cyber security technologies to meet this growing demand. Moreover, we are thrilled to license the index to PureFunds as the basis for an ETF, which marks the second product added to this partnership." The ISE Cyber Security Index provides a benchmark for investors interested in tracking companies actively involved in providing technology and services that are designed to protect data, networks, hardware, software, and other cyber-dependent devices from unauthorized access and attacks. The index includes twenty-nine constituent companies, including VASCO Data Security International (News - Alert) Inc. (ticker: VDSI), Palo Alto Networks nc. (ticker: PANW), Symantc Corp. (ticker: SYMC), Juniper Networks Inc. (ticker: JNPR), FireEye Inc. (ticker: FEYE), and Splunk (News - Alert) Inc. (ticker: SPLK). The ETF based on the index will begin trading tomorrow. To learn more about the ISE Cyber Security Index, please visit www.ise.com/cyber. About ISE ETF Ventures The ISE ETF Ventures team is dedicated to creating and supporting innovative indexes that track growing industries, emerging technologies and markets, and packaged trading strategies. Their index design expertise includes a diverse range of asset classes and instrument types including global equities, fixed income, currencies, futures and options. ISE ETF Ventures partners with issuers to launch unique exchange traded products (ETPs) such as exchange traded funds (ETFs), exchange traded notes (ETNs) and other similar product types. They also provide capital for the start-up and ongoing backstopping of new ETPs. Partners are able to leverage ISE ETF Ventures' global experience and broad network of industry participants in order to grow their ETP presence as well as reduce risk and increase product issuance. Total assets under management for ETPs tied to ISE ETF Ventures indexes exceeds $1.5 billion. As part of the International Securities Exchange Holdings, Inc. (ISE Holdings), operator of two U.S. options exchanges, ISE ETF Ventures' indexing experts are nimble, flexible and entrepreneurial with a track record of creating distinctive, out-of-the-box ideas. ISE ETF Ventures currently has a portfolio of over 30 proprietary and partner indexes, and supports over 15 ETPs and other investment products. ISE ETF Ventures is operated by ISE Holdings, which is a member of Eurex Group, and together they operate one of the largest transatlantic derivatives marketplaces. Eurex Group is owned by Deutsche Börse AG (Xetra: DB1). For the latest information and updates, connect with ISE ETF Ventures on Twitter (News - Alert) (@ISEexchange) and LinkedIn (News - Alert) (www.LinkedIn.com/company/ise), or visit www.ise.com/etfventures. |
