Direxion Launches Airline ETF

Direxion announces the launch of the Direxion Airline Shares ETF (FLYX). This is Direxion's first non-leveraged ETF, and is designed to seek investment results, before fees and expenses, of the price performance of the NYSE Arca Airline Index. The Index is designed to measure the performance of highly capitalized and liquid U.S. and international passenger airline companies listed on developing and emerging global market exchanges.