SFSA and ROSA Hit Early Termination Trigger

September 18, 2012 at 08:09 AM EDT

Two Barclays iPath ETN products triggered their early automatic termination and redemption features on September 7, 2012. The defining moments occurred when the intraday indicative note values of iPath Short Extended S&P 500 TR Index . . . → Read More: SFSA and ROSA Hit Early Termination Trigger

Two Barclays iPath ETN products triggered their early automatic termination and redemption features on September 7, 2012. The defining moments occurred when the intraday indicative note values of iPath Short Extended S&P 500 TR Index ETN (SFSA) and iPath Short Extended Russell 1000 TR Index ETN (ROSA) dropped to levels of $10 or less.

Redemption values of $9.9312 for SFSA and $9.8168 for ROSA were determined by the closing indicative values on the … [visit site to read more]