Just a day after Credit Suisse Group AG’s surprise decision to kill the world’s biggest volatility-linked exchange-traded note, a startup was already moving to fill the void.
After it shocked, frustrated and delighted investors for a decade, Credit Suisse Group AG is pulling the plug on the world’s biggest volatility exchange-traded product. Don’t expect it to go quietly.
The demise of an exchange-traded note is often accompanied by accusations, investigations and heavy losses. Rarely, if ever, has it involved the year’s best-performing product and assets well north of $1 billion.
Credit Suisse has moved to delist and suspend further issuance of a series of ETNs that deal with volatility, gold and silver, to "better align its product suite" with "broader strategic g
Credit Suisse has moved to delist and suspend further issuance of a series of ETNs that deal with volatility, gold and silver, to "better align its product suite" with "broader strategic g
Credit Suisse Group AG will delist almost $3 billion in exchange-traded notes in a lineup revamp, including a leveraged product that has more than tripled this year.
Gainers: VS 2X VIX Short Term (NASDAQ:TVIX) +56.3%.Ultra VIX Short-Term Fut Proshares (NYSEARCA:UVXY) +46.8%.VS VIX Short Term (NASDAQ:VIIX) +33.1%.Ipath.B S&P 500 VIX Short-Term Futures ETN (NYSE
Gainers: HBT +29.2%. CCOI +14.5%. CMLS +13.9%. SPKE +13.3%. IMMU +11.5%.Losers: MIST -77.1%. TVIX -14.5%. RVI -11.5%. SCWX -10.6%. AMN -9.5%.
Gainers: VS 2X VIX Short Term (NASDAQ:TVIX) +81.1%.Real Estate Bear 3X Direxion (NYSEARCA:DRV) +78.9%.Financial Bear 3X Direxion (NYSEARCA:FAZ) +60.6%.Ultra VIX Short-Term Fut Proshares (NYSEARCA:UVXY
Gainers: VS 2X VIX Short Term (NASDAQ:TVIX) +81.1%.Real Estate Bear 3X Direxion (NYSEARCA:DRV) +78.9%.Financial Bear 3X Direxion (NYSEARCA:FAZ) +60.6%.Ultra VIX Short-Term Fut Proshares (NYSEARCA:UVXY
Gainers: Direxion Junior Gold Mine Bear 3X (NYSEARCA:JDST) +256.8%.Gold Miners Bear 3X Direxion ETF (NYSEARCA:DUST) +186.5%.VS 2X VIX Short Term (NASDAQ:TVIX) +97.4%.Ultra VIX Short-Term Fut Proshares
Gainers: VS 2X VIX Short Term (NASDAQ:TVIX) +63.9%.Direxion S&P Oil & Gas Expl Bear 3X (NYSEARCA:DRIP) +59.2%.Direxion Natural Gas Bear 3X (NYSEARCA:GASX) +53.8%.Ultra VIX Short-Term Fut Prosh
Just before the Federal Reserve’s move to shore up confidence with an emergency rate cut, one of the bull market’s hottest stock trades was already staging a spirited comeback.
Exchange-traded funds of all kinds held up well during last week's volatility, a promising sign for ETF investors, says Chris Hempstead, director of institutional business development at IndexIQ.
Gainers: VS 2X VIX Short Term (NASDAQ:TVIX) +123.3%.Ultra VIX Short-Term Fut Proshares (NYSEARCA:UVXY) +85.7%.Direxion Junior Gold Mine Bear 3X (NYSEARCA:JDST) +75.4%.Direxion S&P Oil & Gas Ex
Here are the best ways for bearish investors to hedge their portfolios against the market dip on coronavirus as volatility runs higher.
Gainers: Direxion Junior Gold Mine Bull 3X (NYSEARCA:JNUG) +29.9%.Gold Miners Bull 3X Direxion ETF (NYSEARCA:NUGT) +25.4%.VS 2X VIX Short Term (NASDAQ:TVIX) +17.0%.VS 3X Silver (NASDAQ:USLV) +15.2%.VS
Gainers: VS 2X VIX Short Term (NASDAQ:TVIX) +26.4%.Semiconductor Bear 3X Direxion (NYSEARCA:SOXS) +21.3%.Direxion Natural Gas Bear 3X (NYSEARCA:GASX) +21.1%.Ultra VIX Short-Term Fut Proshares (NYSEARC
With U.S. stocks making another run at all-time highs, short sellers are stepping aside.
Gainers: Natural Gas 3X Long ETN Velocityshares (NYSEARCA:UGAZ) +28.8%. Ultra DJ-UBS Natural Gas Proshares (NYSEARCA:BOIL) +19.7%. Semiconductor Bull 3X Direxion(NYSEARCA:SOXL) +12.5%. Direxion South