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BATS Exchange lists ProShares ETF


BATS Global Markets has listed the ProShares Investment Grade – Interest Rate Hedged ETF (IGHG) on BATS Exchange.

ProShares now has four exchange-traded funds listed on BATS Exchange.
The latest addition to the firm’s line-up is designed to track the Citi Corporate Investment Grade (Treasury Rate-Hedged) Index, which is comprised of long positions in USD-denominated investment grade corporate bonds and short positions in US Treasury notes or bonds of, in aggregate, approximate equivalent duration.
The BATS Listings programme offers ETF issuers a variety of service offerings, including the BATS Competitive Liquidity Provider (CLP) programme, which is a rewards-based programme designed to incentivise market makers to increase liquidity and create tighter quoted spreads for each listing on BATS.

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