Deutsche Bank announced that it plans to delist the following exchange traded notes (ETNs) from NYSE Arca due to low levels of trading activity for the ETNs:
ETN Name | Ticker |
DB Agriculture Double Long Exchange Traded Notes due April 1, 2038 | DAG |
DB Agriculture Long Exchange Traded Notes due April 1, 2038 | AGF |
DB Base Metals Double Short Exchange Traded Notes due June 1, 2038 | BOM |
DB Base Metals Double Long Exchange Traded Notes due June 1, 2038 | BDD |
DB Base Metals Short Exchange Traded Notes due June 1, 2038 | BOS |
DB Commodity Double Long Exchange Traded Notes due April 1, 2038 | DYY |
DB Commodity Short Exchange Traded Notes due April 1, 2038 | DDP |
DB Crude Oil Long Exchange Traded Notes due June 1, 2038 | SZO |
DB Crude Oil Short Exchange Traded Notes due June 1, 2038 | OLO |
ELEMENTS Dogs of the Dow” Linked to the Dow Jones High Yield Select 10 Total Return Index due November 14, 2022 | DOD |
ELEMENTS Linked to the Morningstar Wide Moat Focus Total Return Index Exchange Traded Notes due October 24, 2022 |
WMW |
FI Enhanced Global High Yield Exchange Traded Notes Linked to the MSCI World High Dividend Yield USD Gross Total Return Index due October 12, 2023 | FIEG |
Delisting is expected to occur at the close of trading on April 11, 2019. Following the delisting, the ETNs will remain outstanding, though they will no longer trade on any national securities exchange.
The ETNs may trade, if at all, on an over-the-counter basis. Because the issuances of these ETNs have been suspended since January 1, 2016, after the delisting, the secondary market for these ETNs may experience a significant drop in liquidity.