About Barclays Bank PLC
This ETN was delisted after the market close on April 12, 2018, and now trades over-the-counter on the pink sheets. As a result, shareholders should anticipate ultra-wide spreads, minimal trading volumes, and prices well above or below NAVs. JJS tracks an index of futures on agricultural &ldquo,softs&rdquo,: cotton, sugar, and coffee. The three commodities weighted by a combination of liquidity and production. Contracts are tracked starting two to five months from maturity, depending on the commodity and the time of year, according to a fixed schedule. In any case, each contract is held until shortly before expiration. JJS`s index included cocoa until 2005, unlike our segment benchmark, which continues to hold cocoa futures. JJS is an unpopular product in an unpopular segment, and while its holding costs are reasonable, its lack of liquidity may drive up all-in costs. While ETNs rarely close, JJS is at risk of being de-listed by the issuer.