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VIX pushes past 50; Credit Suisse mulls redemption of XIV

Published 02/06/2018, 07:44 AM
Updated 02/06/2018, 07:44 AM
© Reuters.  VIX pushes past 50; Credit Suisse mulls redemption of XIV

© Reuters. VIX pushes past 50; Credit Suisse mulls redemption of XIV

  • The VIX minutes ago rose above 50 for the first time since August 2015. It's pulled back a hair since, and now sits just under that level. A close around 50 would be the highest close since the bottom of the financial crisis in 2009.
  • Meanwhile, Bloomberg reports Credit Suisse (NYSE:CS) as considering the redemption of its inverse volatility ETN (NASDAQ:XIV) after last night's 84% collapse.
  • VXX +38.4% premarket
  • Previously: Credit Suisse down more than 6% as short vol ETN collapses (Feb. 5)
  • ETFs: VXX, UVXY, XIV, TVIX, SVXY, VIXY, ZIV, VXZ, VIXM, VMAX, VMIN, VIIX, CVOL, XVZ, TVIZ, XXV, IVOP, VIIZ
  • Now read: The Curious Combo: Higher Stocks And Vol


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