Barclays launches short and leveraged iPath ETNs

Barclays Bank has listed 11 short and leveraged ETNs in New York, giving exposure to domestic and international equities and volatility.

Barclays lists new iPath ETNs

Barclays Bank has listed its first leveraged and short iPath exchange-traded notes (ETNs) on the New York Stock Exchange.

The 11 new iPath notes give short or leveraged exposure to the Russell 1000, Russell 2000, S&P 500, MSCI EAFE and MSCI Emerging Markets indexes. There is also a leveraged ETN on the S&P 500 Vix Mid-Term Futures Index.

The US domestic indexes are accessed through a three-times-leveraged ('extended') ETN, while the others have two-times ('enhanced') leveraging applied to them.