RBS Enters ETN Arena With Timed S&P 500

A new ETN sponsor entered the US market December 8, 2010 with a security designed to track the S&P 500 Total Return Index “timed” with a 200-day moving average.  RBS US Large Cap Trendpilot ETN (TRND) are exchange-traded notes issued by The Royal Bank of Scotland, more commonly known as RBS. The timing methodology employed . . . → Full Story: RBS Enters ETN Arena With Timed S&P 500