Name of ETN: Market Vectors Double Short Euro ETN
Benchmark Index: Double Short Euro Index
Ticker Symbol: DRR
Underlying Currency: This ETN allows investors to take a leveraged bearish position against the Euro relative to the US dollar. In the case of this ETN, the multiplier is 2x (200%). If the value of the Euro relative to the US dollar weakens, this ETN is designed to go up. Conversely, if the value of the Euro relative to the US dollar strengthens, this ETN is designed to go down.
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