Barclays Bank has rolled out a new series of IPath exchange-traded notes (ETNs). The IPath Inverse S&P 500 VIX Short-Term Futures ETN (II) provides a “short” view to investors on the volatility in U.S. equity markets.
The notes are linked to the inverse performance of the S&P 500 VIX Short-Term Futures Index Excess Return. The ETNs will be listed on the New York Stock Exchange Arca.
Click here for the release from Business Wire.