| Add to balance / Manage account | User: | Log out |
| Prospect News home > News index > List of issuers B > Headlines for Barclays Bank plc > News item |
MSCI India again tops list of most-traded Barclays iPath ETNs
By Susanna Moon
Chicago, June 3 - Barclays Bank plc's iPath MSCI India index exchange-traded notes maintained their top spot as the bank's most-traded iPath ETN, according to a trading strategy report for March released by Barclays on Tuesday.
The ETNs had an average daily trading volume of $38.4 million for the month of March, with an average of 579,000 notes changing hands each day, in line with the numbers posted in February: $45.1 million, with an average of 572,000 notes. The notes recorded $79.1 million and 863,000 for January and $65.4 million and 667,000 for December.
The remainder of the top five most-traded iPath ETNs was all linked to commodities.
In second place again was the iPath Dow Jones - AIG Commodity Index Total Return ETN with a daily average volume of $27.1 million and 425,000 notes traded, compared with $19.3 million and 313,000 in the previous month.
The iPath S&P GSCI Crude Oil Total Return moved back into third place, posting an average daily volume of $12.8 million and 208,000 notes, up from $6.7 million and 119,000 notes in February.
The iPath Dow Jones - AIG Agriculture Total Return Sub-Index ETN fell one slot to fourth place. Its average daily volume in March was $6.7 million and 103,000 notes, down from $8.5 million with an average of 131,000 notes traded daily in February.
The iPath Dow Jones - AIG Grains Total Return Sub-Index ETN took fifth place, with an average daily volume of $6 million and 91,000 notes, compared with $4.4 million in March with an average of 78,000 notes traded per day.
The average spread for the 17 iPath ETNs was 32.36 basis points in March, up from 20.19 bps in February. The figure was 21.43 bps in January.
The widest spread in March was posted by the iPath Dow Jones-AIG Copper Total Return Sub-Index ETN at 75.7 bps, and the tightest was 8 bps for the iPath S&P GSCI Crude Oil Total Return Index ETN.
© 2015 Prospect News.
All content on this website is protected by copyright law in the U.S. and elsewhere.
For the use of the person downloading only.
Redistribution and copying are prohibited by law without written permission in advance from Prospect News.
Redistribution or copying includes e-mailing, printing multiple copies or any other form of reproduction.