Are these things tradeable by small investors..or just institutions?
--- In [email protected], "Lionel Issen" <[EMAIL PROTECTED]> wrote: > > This site show a request for a change in regulations for basket linked > notes. As the name implies these seem to be a basket of linked securities, > they may seem to be similar to ETFs but they are different. > > > > http://www.sec.gov/rules/sro/phlx/2007/34-55173.pdf > > > > I found this site by doing a search for basket linked securities. If you > find out anything interesting please post it. > > > > Lionel > > > > From: [email protected] [mailto:quotes- [EMAIL PROTECTED] On > Behalf Of investor0329 > Sent: Friday, February 16, 2007 8:21 PM > To: [email protected] > Subject: [quotes-plus] Basket Linked Note? anyone know what they are? > > > > 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. > > > > > > [Non-text portions of this message have been removed] >
