Following the XIV termination debacle in 2018, Credit Suisse (NYSE:CS) is trying to reduce its legal exposure dramatically by delisting a number of its highly volatile VelocityShares ETNs. Many of ...
VelocityShares Daily 2x VIX Short-Term ETN (NYSEArca: TVIX) is in a two-day meltdown because the premium to net asset value is snapping back sharply after surging as high as 90% earlier in the week.
For investors who don't sit in front of flashing green/red screens, the curious case of TVIX serves as a valuable lesson in the risks of buying exchange-traded products. On February 22, securities on ...
The VelocityShares Daily 2X VIX Short ETN (NYSEArca:TVIX - News) plunged more than 30 percent yesterday, as the product—which had been trading at a substantial premium to its underlying net asset ...
Traders are dumping capital into the 2x VIX futures tracker as fast as TVIX can burn it up Everyone loves a good underdog story, and Wall Street investors are of course no exception -- but in the case ...
Forget too big to fail. The recent trouncing of VelocityShares Daily 2X VIX Short-Term ETN, better known by its symbol — the TVIX — is too complicated for most people to care. What a shame. This ...