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John Townsend: My status as a shareholder of the VelocityShares Daily 2x VIX Short-Term ETN (NYSEARCA:TVIX) came to a disappointing conclusion this morning as I sold all my shares for $8.50. The loss sustained from my two purchases was just shy of 50%. Ouch, double ouch, triple ouch and a few Read more…
Bill Luby: One month and one day after Credit Suisse (NYSE:CS) announced the suspension of new creation units in the VelocityShares Daily 2x VIX Short-Term ETN (NYSEARCA:TVIX), the issuer announced today that it plans to reopen issuance of TVIX “on a limited basis” effective tomorrow. Read more…
Credit Suisse announced today that it plans to reopen issuance of the VelocityShares Daily 2x VIX Short-Term ETNs (NYSEARCA:TVIX) on a limited basis. The ETNs were temporarily suspended from Read more…
“A Credit Suisse Group AG security tracking the benchmark measure of U.S. options prices plunged to an all-time low, reversing ground after trading at a record premium to its underlying assets the last four days. The VelocityShares Daily 2x VIX Short-Term ETN (NYSEARCA:TVIX), retreated 29 percent to Read more…
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