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MacroMarkets Lists Two MacroShares ETPs on NYSE Arca

NYSE Euronext (NYX) announced that its wholly-owned subsidiary, NYSE Arca, today began trading MacroShares Major Metro Housing Down Trust and MacroShares Major Metro Housing Up Trust, both exchange traded products (ETPs) sponsored by MacroMarkets LLC.

The MacroShares Metro Housing ETPs are based on the S&P/Case-Shiller Composite-10 Home Price Index, a closely watched indicator of U.S. home prices in the 10 largest cities.

Name and Ticker Symbol of the Two MacroShares ETPs:

  • MacroShares Major Metro Housing Down Trust-Ticker Symbol “DMM”
  • MacroShares Major Metro Housing Up Trust-Ticker Symbol “UMM”

MacroShares Major Metro Housing Up /MacroShares Major Metro Housing Down ETPs:

Developed by Karl Case and Robert Shiller, the Case-Shiller Composite-10 Home Price Index is a closely watched gauge of U.S. home prices. It measures single-family housing prices in the country’s 10 largest cities. MacroMarkets states that MacroShares Major Metro Housing trusts provide investors with access to the housing asset class, allowing for leveraged investment in either the upward or downward movement of home prices with no issuer or counterparty credit risk.

As described by MacroMarkets, MacroShares Major Metro Housing Up (NYSE Arca: UMM) and MacroShares Major Metro Housing Down (NYSE Arca: DMM) are paired trusts that work as follows. When MacroShares Major Metro Housing Up are created, an equal number of MacroShares Major Metro Housing Down are also created. UMM funds are invested in the “Major Metro Housing Up Trust.” DMM investor funds are invested in a separate “Major Metro Housing Down Trust.” These trusts enter into a settlement contract: a binding agreement to pledge assets to one another over time, according to a predetermined formula that is driven by changes in the Reference Index. The trusts feature a 3x leverage factor, such that the underlying value of each is intended to track three times the cumulative percentage change, upward or downward, in U.S. single family home prices, as measured by the S&P/Case-Shiller Composite-10 Home Price Index.

The above is intended only as a summary. For complete information on the effect of leverage and other risks of investment in the trusts, please refer to the trusts’ prospectuses at www.macromarkets.com.

About MacroMarkets:

MacroMarkets LLC is a growth company on a mission to add liquidity to valuable economic interests and important asset classes throughout the world. MacroMarkets LLC holds multiple patents for MacroShares®, an exchange-traded product whose unique structure can be applied to any asset class that can be reliably indexed. As part of its mission to create new, more efficient and complete financial markets, the firm was a key catalyst in launching the U.S. house price futures and options markets on the Chicago Mercantile Exchange (CME), and with partners at Fiserv Inc. and Standard & Poors, in establishing the S&P/Case-Shiller Home Price Indices as the most credible, globally-recognized benchmark for U.S. home prices. (Source: MacroMarkets).

Background on Exchange Traded Products (ETPs) on NYSE Euronext

NYSE Euronext operates the world's largest Exchange Traded Products marketplace, and is the leading venue for Exchange Traded Funds (ETFs), Exchange Traded Notes (ETNs), Exchange Traded Vehicles (ETVs) and Warrants and Certificates trading. NYSE Euronext's offering of these products provides investors access to regulated listings as well as fast and innovative trading tools to access liquidity. NYSE Arca, NYSE Euronext's US market for ETFs, has 674 primary ETF and 48 primary ETV listings. Additionally, NYSE Arca lists 84 ETNs, 219 Certificates, while trading all other eligible ETPs on an Unlisted Trading Privileges basis. On its European markets, NYSE Euronext has 396 primary ETFs, 74 ETV listings, 4 ETN and lists a total of 12,652 Warrants and Certificates as of the end of May 2009.

About NYSE Euronext

NYSE Euronext (NYX) offers a broad and growing array of financial products and services in Europe and the United States that include cash equities, futures, options, exchange-traded products, bonds, market data, and commercial technology solutions. With over 8,000 listed issues globally, NYSE Euronext's equities markets -- the New York Stock Exchange, Euronext, NYSE Arca, and NYSE Amex -- represent nearly 40% of the world's cash equities trading volume, the most liquidity of any global exchange group. NYSE Euronext also operates NYSE Liffe, the leading European derivatives business and the world’s second largest derivatives business by value of trading. NYSE Euronext offers comprehensive global commercial technology, connectivity, and market data products and services through its innovative trading solutions unit, NYSE Technologies. NYSE Euronext is part of the S&P 500 index and the only exchange operator in the S&P 100 index. For more information, please visit: www.nyx.com.

Disclaimer

NYSE Euronext and its affiliates do not recommend or make any representation as to possible benefits from any securities or investments, or third-party products or services. Investors should undertake their own due diligence regarding their securities and investment practices. This press release speaks only as of this date. NYSE Euronext disclaims any duty to update the information herein.

Contacts:

NYSE Euronext
Annmarie Gioia, 212-656-5437
agioia@nyx.com

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