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iPath S&P 500 VIX Short-Term Futures ETN due 1/30/2019
Ticker Symbol: VXX* CUSIP: 06746L422 Previous CUSIP: 06742E711 Exchange: NYSEA
* NOTE: This security is no longer trading as of 1/30/2019
Company's Online Profile
BUSINESS: iPath S&P 500 VIX Short-Term Futures Exchange Traded Note (ETN) due on January 30, 2019 is issued by Barclays Bank PLC and is part of the Series A, Global Medium-Term Notes. INVESTMENT OBJECTIVE: The Barclays Bank iPath S&P 500 VIX Short-Term Futures ETN is linked to the performance of the S&P 500 VIX Short-Term Futures Index TR that is calculated based on the strategy of continuously owning a rolling portfolio of one-month and two-month VIX futures to target a constant weighted average futures maturity of 1 month. INDEX DESCRIPTION: The S&P 500 VIX Short-Term Futures Index TR is designed to provide access to equity market volatility through CBOE Volatility Index (the VIX Index) futures. Specifically, the S&P 500 VIX Short-Term Futures Index TR offers exposure to a daily rolling long position in the first and second month VIX futures contracts and reflects the implied volatility of the S&P 500 Index at various points along the volatility forward curve. The Index futures roll continuously throughout each month from the first month VIX futures contract into the second month VIX futures contract. RETURNS AND MATURITY: The return on the Securities may be positive or negative, and is directly linked to the performance of the Index, which is based on a variety of market and economic factors, interest rates in the markets and economic, financial, political, regulatory, judicial or other events that affect the markets generally. If you hold your Securities to Maturity, January 30, 2019, you will receive a cash payment per ETN equal to the applicable closing indicative value on the applicable final valuation date. REDEMPTION AND FEES: You may redeem your Securities on any redemption date during the term of the Securities. If you redeem your Securities, you will receive a cash payment in an amount equal to the daily redemption value, which is (1) the principal amount of your Securities times (2) the index factor on the applicable valuation date minus (3) the investor fee on the applicable valuation date. Issued in denominations of $400, you must redeem at least 25,000 Securities at one time and agree to the redemption procedures in order to exercise your right to redeem your Securities on any redemption date. The investor fee is equal to 0.89% per year times the principal amount of your Securities times the index factor, calculated on a daily basis. For calculations of fees and any further information on this ETN click on the Link to IPO Prospectus provided.
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Notes: Jan. 19, 2019 -- The Maturing ETN were listed on January 30, 2009 with a 10-year term to maturity under their prospectus terms. the last trading date of the Maturing ETN is January 29, 2019_______________IPath S&P 500 VIX Short-Term Futures ETN (VXX) has announced a 1-for-4 reverse ETN split, in which each outstanding note of VXX will automatically be converted into one-fourth of an ETN of "New" VXX. The ex-date for the reverse ETN split is Tuesday, August 9, 2016. _________________11/6/2013 -- 1:4 Reverse Split_______________9/21/2012 Barclays Bank PLC implemented a 1 for 4 reverse split of the iPath S&P 500 VIX Short-Term Futures ETN on 10/5/2012 in accordance with the procedures described in the iPath Splits and Reverse Splits FAQ,
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IPO - 1/29/2009 -
Link to IPO Prospectus
Mid Cap Stock -
Market Value $918.0 Million
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Company's Online Information Links
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| Company's Online SEC EDGAR Filings |
| Company's Email Address Links |
| Foreign Address and Phone Numbers |
| Address: 1 Churchill Place, London E14 5HP United Kingdom |
| Main Phone Number |
+44-207-116-1000 |
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Inv Rel Phone Number
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+44-270-116-7665 |
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