TSE News

New Exchange Traded Notes (ETNs) to be Listed (iPath® S&P 500 VIX Short-Term Futures™ Index Total Return managed by Barclays Bank PLC)

Update : Sep. 02, 2011


[Tokyo Stock Exchange, Inc.]

Today, Tokyo Stock Exchange, Inc. (TSE) approved the listing of the following trust beneficiary certificates (Japanese Depositary Receipts; hereinafter "JDRs") whose trust assets are exchange traded notes (indicator-tracking securities; hereinafter "ETNs") managed by Barclays Bank PLC.

With this listing, there will be a total of 113 ETFs and ETNs listed on the Tokyo market. TSE will continue working to diversify the ETF market, promote the listing of other new financial instruments such as ETNs, and improve the convenience of our market for all investors.

[To be Listed on September 21, 2011]

Ticker Issue Name Underlying Index Trading Unit
2030 iPath® S&P 500 VIX Short-Term Futures™ JDR
S&P 500 VIX Short-Term Futures™ Index Total Return

S&P 500 VIX Short-Term Futures™ Index Total Return

The S&P 500 VIX Index is calculated based on prices of S&P 500 put option and call option contracts. The S&P 500 VIX Short-Term Futures™ Index Total Return measures the return from a daily rolling long position in first and second contract months of VIX futures. In general, the VIX Index measures the price movement (i.e., volatility) of a certain index (e.g., S&P 500). As such, the index rises if the market fluctuates significantly (high volatility in the S&P 500 index), and the index declines if the market is sluggish (low volatility in the S&P 500 index).

About Barclays

Barclays is a major global financial services provider engaged in retail banking, credit cards, corporate and investment banking, and wealth management with an extensive international presence in Europe, the US, Africa, and Asia. With 330 years of history and expertise in banking, Barclays operates in over 50 countries. It moves, lends, invests and protects money for customers and clients worldwide.


Tokyo Stock Exchange, Inc.
New Listings Department
Tel: +81-3-3666-0141(Switchboard)

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