What happened last week with VelocityShares Daily Inverse VIX ST ETN (XIV) and ProShares Short VIX Short-Term Futures (SVXY) was a worst-case scenario for these two ETPsIt also ended up being a PR nightmare for CBOE Global Markets (CBOE) , so much so they had a conference call on it last weekThe basic idea is that anything that makes VIX sound bad...
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