International Securities Exchange Launces Index Funds for Alternative Energy and Nanotechnology
The International Securities Exchange announced today that it is launching two new specialized sector index options, the ISE-CCM Alternative Energy Index and the ISE-CCM Nanotechnology Index. These were developed with Cronus Capital Markets (CCM), an independent and privately owned capital market research and consulting firm. Timber Hill LLC will serve as the Primary Market Maker in these products.
The ISE-CCM Alternative Energy Index was developed as a result of growing interest in domestic commercially viable alternative energy sources in response to high oil prices, declining global supply and a strong global economy. The ISE-CCM Alternative Energy index provides investors with exposure to companies involved in the areas of Geothermal Heat, Hydrogen/Fuel Cells, Hydropower, Nuclear Fusion, Solar and Wind energy.
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