BATS Global Markets continues to adding to a growing lineup of exchange traded funds listed on the Kansas-based exchange. On Tuesday, BATS and Deutsche Asset Management said three Deutsche X-trackers ETFs will move from the New York Stock Exchange to the Bats ETF Marketplace next month.
On or about June 9, the Deutsche X-trackers Investment Grade Bond – Interest Rate Hedged ETF (NYSEArca: IGIH), Deutsche X-trackers High Yield Corporate Bond – Interest Rate Hedged ETF(NYSEArca: HYIH) and the Deutsche X-trackers Emerging Markets Bond – Interest Rate Hedged ETF (NYSEArca: EMIH) will move to the Bats ETF marketplace, according to a statement.
Related: Hedged Bond ETFs for Rate Risks
Those ETFs, which debuted in March 2015, ETFs look to capitalize on an increasingly prominent theme in the fixed income ETF space: Hedging exposure to rising interest rates by lowering an ETF’s duration to hardly noticeable levels or, in some cases, employing negative duration.