JP Morgan Shutters 3 ETNs

January 28, 2014

JP Morgan shuttered a group of exchange-traded notes (ETNs) in early October due to the notes’ inability to attract investor demand.

“JFT,” the ETN linked to the First Trust Enhanced 130/30 Large Cap Index due 2023, was delisted. J.P. Morgan also redeemed all outstanding shares for two Treasury-linked strategies on Oct. 3, the JPMorgan Double Short U.S. Long Bond Treasury Futures ETN (DSTJ) and the JPMorgan Double Short U.S. 10 Year Treasury Futures ETN (DSXJ).


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