MacroMarkets Terminating Oil Up/Down ETPs

InvestmentNews reported Friday that MacroMarkets LLC will be closing its oil funds. The MacroShares $100 Oil Up Trust (NYSE Arca: UOY) and the MacroShares $100 Oil Down Trust (NYSE Arca: DOY) will cease trading on June 25, with distribution payments made to shareholders on July 6, the article said. The trusts hold Treasuries and assets […]