Only seven of the 191 live exchange-traded notes in the US were listed this year, confirming signs that the market has scaled back although also that it refuses to disappear. The number of products listed this year are in line with the output from last year, when 17 ETNs were listed (all but one on NYSE Arca; the other on Nasdaq) by a number of European banks and one Canadian bank. "There is appetite for more strategic and reverse enquiry ETNs, as opposed to frequently launching new products wi

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