After the expiration of the exchange offers, the six HOLDRS will no longer trade on the NYSE Arca or any other national securities exchange and will no longer use HOLDRS ticker symbols. Therefore, there may not be any means for an investor to sell receipts in those six HOLDRS after the exchange offers expire.As of the close of trading on November 9, 2011, the six HOLDRS subject to Van Eck’s exchange offers had approximately $3.5 billion in aggregate assets and a combined 30-day average daily trading volume of approximately 17.36 million shares.
Van Eck Global Commences Exchange Offers For Oil Service HOLDRS Trust (OIH) And Five Other Merrill Lynch HOLDRS®
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