Deutsche and Barclays suspend ETNs

Deutsche and Barclays suspend ETNs

ETNs and ETFs are being pulled from trading

Deutsche Bank’s PowerShares DB Agriculture Double ETNs and Barclays’ ETN+ Short D Leveraged ETNs have been suspended from new issuance. They are among a handful of exchange-traded notes (ETNs) and funds (ETFs) to be suspended from trading. 

“A lot of the disruptions over the past couple of years have been based on commodity issues such as CFTC [the US Commodity Futures Trading Commission] limits,” says Nanayaa Dadson, executive director in the structured marketing group at JP Morgan in New York.