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Credit Suisse creates long/short ETN

Credit Suisse has created a new product called Long/Short Liquid Index (Net) Exchange Traded Notes (ETN). The due 2020 notes are designed to trace to the performance of the Credit Suisse Tremont Long/Short Equity Hedge Fund Index, which is calculated intraday and reflects the return of a dynamic basket of eighteen liquid, investable market factors, said Credit Suisse in a…

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