Barclays Capital is to list nine exchange-traded notes (ETNs) on the Tokyo Stock Exchange through its exchange-traded product platform iPath, making them the first ETNs and foreign securities listed in Japan
Japan's first exchange-traded notes (ETNs) will be listed on the Tokyo Stock Exchange (TSE) in two phases, with the first two ETNs set to be listed on August 23 and giving exposure to volatility and commodities. A further seven ETNs will then be added on the exchange on September 6, linked to different commodity sectors such as precious metals, energy, agriculture and industrial metals. "ETNs can be used to access markets that are difficult to access directly for exchange-traded funds (ETFs), such as some commodities or volatility indexes, but we can provide a commodity-linked product th...
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