ETP pioneer launches REX Shares, the newest issuer in the ETF space
Greg King, credited with being the brains behind the first ETN when he ran iPath at Barclays, is launching REX Shares, a new ETF issuer. REX Shares aims to offer efficient beta in the alternatives segment using stocks, other ETFs, closed-end funds, futures contracts and depositary receipts. King considers the firm to be an ETF architect focused on solving specific problems by building better tools. 

REX Shares, a privately held investment firm, focused on exchange-traded funds (ETFs), is opening its doors for business.

REX Founder and Chief Executive Officer Greg King (pictured) is a pioneer in the ETF industry, with over ten years experience building exchange-traded product solutions. Global X Management Company will be a minority stakeholder in the new firm.

King will leverage his experience building and launching over 70 exchange-traded products to introduce a lineup of investment strategies that solve inefficiencies across different markets.

King was Head of Exchange Traded Products for Credit Suisse from 2011 to 2014. Prior to that, he launched and ran the iPath platform at Barclays, in partnership with iShares. King was also CEO and Co-Founder at VelocityShares, which was acquired by Janus Capital in 2014. King will conclude his current role as Head of Product Development and Strategic Ventures for Global X Management Company on 30 September, 2015.

"The ETF industry has seen tremendous growth, and we believe REX can provide significant value to investors who are looking for efficient portfolio and trading solutions," says Greg King, Founder and CEO. "We like to think of ourselves as 'ETF architects', and are laser-focused on solving specific problems by building better tools for investors."