NYSE Euronext (NYX) today announced that Barclays Bank PLC (NYSE: BCS) listed the Barclays GEMS Asia 8 ETN (NYSE Arca: AYT) on NYSE Arca, the largest exchange in ETF and ETN listings and assets under management. As an industry leader in ETF and ETN listings and trading, exchange traded products listed on NYSE Arca represent 55% of ETF and ETN assets under management in the U.S., nearly $591 billion, the most of any exchange.
The Barclays GEMS Asia 8 Exchange Traded Note (ETN) applies the methodology of the Barclays Global Emerging Markets Strategy (GEMS) Asia 8 IndexTM, which reproduces the total return of long-only investing in 1-month synthetic money market deposits in eight Asian currencies. The index strategy is intended to replicate a diversified, multi-national money market strategy in eight Asian emerging market currencies, which include: the Indonesian rupiah, the Indian rupee, the Philippine peso, the South Korean won, the Thai baht, the Malaysian ringgit, the Taiwanese dollar and the Chinese yuan.
FTSE Mondo Visione Exchanges Index:
Barclays Lists Barclays GEMS Asia 8 ETN on NYSE Arca
Date 04/09/2008
