Sat, Nov 22, 2014, 8:17 PM EST - U.S. Markets closed


% | $
Quotes you view appear here for quick access.

iShares Silver Trust Message Board

  • happiesthihosilveraway happiesthihosilveraway May 2, 2007 3:23 AM Flag

    BARCLAYS email response to me

    Thank you for your interest in iShares, from Barclays Global Investors.

    The following points are correct characteristics of the iShares Silver Trust ETF (SLV). These points are meant to clarify any misunderstandings that may exist regarding the iShares Silver Trust ETF.

    1) The trust IS backed by physical silver in allocated form except for an amount less than one bar of Silver (1100 ounces) which is held in an unallocated form.

    2) The custodian is not authorized to lend the trust's silver to third parties.

    3) The creation/redemption process is designed to allow for orderly redemption of shares by Authorized Participants (individual shareholder cannot redeem shares for silver).

    All iShares Funds are able to be sold short, on an up tick or a down tick. When short selling SLV, no physical silver is needed as backing, only the margin requirements need to be met.

    If you have any further questions, please call our Investor Services Representatives at 1-800-iShares (474-2737) Monday - Friday 8:30 AM to 6:30 PM (EST), respond to this e-mail, or visit our web site

    Thank you again for your interest in iShares.

15.79+0.19(+1.22%)Nov 21 4:00 PMEST

Trending Tickers

Trending Tickers features significant U.S. stocks showing the most dramatic increase in user interest in Yahoo Finance in the previous hour over historic norms. The list is limited to those equities which trade at least 100,000 shares on an average day and have a market cap of more than $300 million.
Exa Corporation
NasdaqGMFri, Nov 21, 2014 3:59 PM EST
Celgene Corporation
NasdaqGSFri, Nov 21, 2014 4:00 PM EST