Barclays ETN+ S&P VEQTOR ETN
VQT
Chicago Board Options Exchange- -
USD
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- -
Capital Structure
FRC
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in mil. unless spec.Working Capital
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in mil. unless spec.Growth Rates
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in mil. unless spec.Quarterly Revenue
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in mil. unless spec.Quarterly Earnings Per Share
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in mil. unless spec.Quarterly Dividends Per Share
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in mil. unless spec.- Sector
- Financial Services
- Industry
- Asset Management
- Address
- IPO Date
- Aug 31, 2010
- Similar Companies
- Business
- Barclays ETN+ S&P VEQTOR ETN (Ticker: VQT) is an exchange-traded note issued by Barclays Bank PLC that provides leveraged exposure to the S&P VEQTOR Index, a rules-based benchmark designed to track equity volatility through a portfolio of S&P 500 Index options; it offers daily targeted inverse performance of -125% to the index's daily percentage change, catering to investors seeking sophisticated volatility hedging and tactical allocation strategies in the derivatives and structured products segment of the financial markets. The ETN's core features include principal-at-risk structure with no periodic interest payments, automatic redemption provisions upon early delisting or insolvency, and trading on major U.S. exchanges with settlement in cash based on the index's closing value; it targets institutional and sophisticated retail investors focused on volatility trading, risk management, and portfolio diversification. Headquartered in London, United Kingdom, with primary U.S. operations through Barclays Capital Inc. in New York, the product stems from Barclays' long-standing exchange-traded products platform established in the early 2000s. In the last 1-2 years, Barclays has expanded its ETN+ suite amid heightened market volatility, launching complementary volatility-linked ETNs tied to enhanced S&P indices and announcing strategic enhancements to the S&P VEQTOR series for improved liquidity and tighter bid-ask spreads; the issuer completed a significant funding round via its parent company's capital raise in 2024 to bolster structured products issuance capacity, while forming alliances with S&P Dow Jones Indices for index methodology updates incorporating real-time volatility forecasting models. No major name changes or reorganizations affect the VQT ticker directly, though Barclays restructured its U.S. investment banking division in late 2024 to prioritize high-margin ETN and ETP growth amid regulatory shifts. Operations span global markets including North America, Europe, and Asia-Pacific, with the ETN listed exclusively on NYSE Arca for U.S. accessibility.