WisdomTree reports loss of $5.2 million in second quarter of 2009.
Direxion moves ahead with plans to come out with 130/30 ETF.
WisdomTree seeks approval to launch an ETF tracking closed-end bond funds.
ETF Securities enters U.S. market with new silver ETF.
Institutional Investor Bets Big Against SPY
According to this Reuters report, apparently a big instititutional investor made a huge options trade that indicated a bet that the S&P 500, through an exchange-traded fund (NYSE Arca: SPY), will tumble.
Here come the shorts ...
You can read the story here.