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Why Credit Suisse Is Closing Its Popular Oil ETNs

TedTed
in The Bullpen
FYI: t's usually not big news when an exchange-traded product is shut down. Dozens of ETPs are routinely shuttered each year due to lack of interest from investors. In those cases, it makes total sense for an issuer to close a product that's not popular and likely not profitable.
Regards,
Ted
http://www.etf.com/sections/features-and-news/why-credit-suisse-closing-its-popular-oil-etns?nopaging=1
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