Barclays Bank PLC (“Barclays”) announced today that it has elected to
de-list the following nine iPath® exchange traded notes
(ETNs) from the Toronto Stock Exchange (TSX):
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Name of ETN
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TSX Ticker
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NYSE Arca Ticker
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CUSIP
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iPath® CBOE S&P 500 BuyWrite IndexSM ETN
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BWV
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BWV
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06739F135
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iPath® EUR/USD Exchange Rate ETN
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ERO
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ERO
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06739F184
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iPath® GBP/USD Exchange Rate ETN
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GBX
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GBB
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06739F176
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iPath® JPY/USD Exchange Rate ETN
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JYN
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JYN
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06739G851
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iPath® Optimized Currency Carry ETN
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II
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ICI
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06739H412
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iPath® S&P 500 VIX Mid-Term Futures™ ETN
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VXZ
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VXZ
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06740C519
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iPath® S&P 500 VIX Short-Term Futures™ ETN
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VXX
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VXX
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06742E711
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iPath® US Treasury Flattener ETN
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FFL
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FLAT
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06740L485
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iPath® US Treasury Steepener ETN
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SST
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STPP
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06740L477
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The ETNs will continue to trade on the NYSE Arca Exchange after they
have been de-listed from the TSX. The final trading date on the TSX will
be May 26, 2014, and the ETNs will be de-listed after the close of
trading on such date.
“Investors have shown a preference for trading U.S. dollar-denominated
ETNs on a U.S. exchange,” said Ian Merrill, Head of ETNs, Americas. “As
a result, we have voluntarily taken the decision to de-list all nine of
our iPath ETNs from the Toronto Stock Exchange later this month. The
ETNs will continue to be listed on NYSE Arca.”
Barclays previously
announced it was redeeming its Canadian-dollar denominated iPath
ETNs.
The CBOE S&P 500 BuyWrite IndexSM (the “Index”) is a
product of Chicago Board Options Exchange, Incorporated (“CBOE”). CBOE®
and BuyWrite™ are trademarks of CBOE. S&P® and S&P 500®
are trademarks of Standard & Poor’s Financial Services LLC (“SPFS”). The
Index and the related trademarks have been licensed to S&P Dow Jones
Indices LLC (“SPDJI”) and its affiliates, and sublicensed to Barclays
Bank PLC for certain purposes. The ETNs are not sponsored, endorsed,
sold or promoted by SPDJI, SPFS, CBOE, or any of their respective
affiliates (collectively, “S&P Dow Jones Indices and CBOE”). S&P Dow
Jones Indices and CBOE do not make any representation or warranty,
express or implied, to the owners of the securities or any member of the
public regarding the advisability of investing in securities generally
or in the ETNs particularly or the ability of the Index to track general
market performance.
The S&P 500 VIX Futures Indices are products of S&P Dow Jones Indices
LLC (“SPDJI”). S&P®, S&P 500®, S&P 500 VIX
Short-Term Futures™ and S&P 500 VIX Mid-Term Futures are trademarks of
Standard & Poor’s Financial Services LLC (“SPFS”). VIX®
is a registered trademark of Chicago Board Options Exchange,
Incorporated (“CBOE”). These trademarks have been licensed to S&P Dow
Jones Indices LLC (“SPDJI”) and its affiliates, and sublicensed to
Barclays Bank PLC for certain purposes. The ETNs are not sponsored,
endorsed, sold or promoted by SPDJI, SPFS, CBOE or any of their
respective affiliates (collectively, “S&P Dow Jones Indices”). S&P Dow
Jones Indices does not make any representation or warranty, express or
implied, to the owners of the ETNs or any member of the public regarding
the advisability of investing in securities generally or in the ETNs
particularly or the ability of the Index to track general market
performance.
“Barclays US Treasury 2Y/10Y Yield Curve IndexTM”, “Barclays
Optimized Currency Carry IndexTM” and the “USD
Optimized Currency Carry IndexTM” are trademarks of Barclays
Bank PLC.
© 2014 Barclays Bank PLC. All rights reserved. iPath, iPath ETNs and the
iPath logo are registered trademarks of Barclays Bank PLC. All other
trademarks, servicemarks or registered trademarks are the property, and
used with the permission, of their respective owners.
Barclays is a major global financial services provider engaged in
personal banking, credit cards, corporate and investment banking and
wealth and investment management with an extensive international
presence in Europe, the Americas, Africa and Asia. Barclays’ purpose is
to help people achieve their ambitions – in the right way. With over 300
years of history and expertise in banking, Barclays operates in over 50
countries and employs approximately 140,000 people. Barclays moves,
lends, invests and protects money for customers and clients worldwide.
For further information about Barclays, please visit our website www.barclays.com.
Copyright Business Wire 2014