During my search for tickers missing in QP I came across a whole class of items on Amex that don't seem to be in QP...and indeed, they, perhaps, should not be. A lot of these have the word 'note' in their description and in my search I've chanced upon the term 'basket linked notes'.. they apparently trade like ETFs but are for institutional investors..or appear to be.
Is anyone familiar with what these are? Below are just of few of scores of these I found at the Nasdaq.com site which has ticker lists for the nasdaq, amex and nyse.... MARKET PARTICIPATION NOTES JPL.B MARKET PARTICIPATION NOTES ON THE S&P 500 INDEX JPL.F MEDIUM TERM NOTES LINKED TO S&P 500 INDEX GSN.B MEDIUM TERM NOTES LINKED TO S&P 500 INDEX GSN.C MEDIUM TERM NOTRS LINKED TO S&P 500 INDEX GSN.D These apparently trade on the Amex.
