fbpx Barclays’ Announces Launch of new ETNs: VXXB and VXZB | Option Strategist

Barclays’ Announces Launch of new ETNs: VXXB and VXZB

By Lawrence G. McMillan

Before you get too excited about a new volatility product, let me explain that the two new ETN’s – short-term volatility (VXXB) and intermediate-term volatility (VXZB) are merely the eventual replacements for VXX and VXZ. The latter two (VXX and VXZ) have a maturity date of January 30, 2019 – ten years after they were introduced. These two new issues will replace them. So, for now, the new issues are trading with a “B” at the end of their symbol. When VXX and VXZ mature in about one year, these two new ones will remove the “B” from their symbol and will trade as usual. So, in reality, this is not a new product – it’s just the replacement of something that’s going to mature next year, with similar ETN’s maturing another ten years later.

This article was featured in the 1/26/2017 edition of The Option Strategist Newsletter

The Option Strategist Newsletter $29 trial

Share this

Option Strategist
Blog Search

Recent Blog Posts

Trading or investing whether on margin or otherwise carries a high level of risk, and may not be suitable for all persons. Leverage can work against you as well as for you. Before deciding to trade or invest you should carefully consider your investment objectives, level of experience, and ability to tolerate risk. The possibility exists that you could sustain a loss of some or all of your initial investment or even more than your initial investment and therefore you should not invest money that you cannot afford to lose. You should be aware of all the risks associated with trading and investing, and seek advice from an independent financial advisor if you have any doubts. Past performance is not necessarily indicative of future results.
Visit the Disclosure & Policies page for full website disclosures.