Newcomer VelocityShares Introduces Suite of Volatility ETNs
December 02, 2010 at 00:36 AM EST
VelocityShares LLC, a new exchange-traded product sponsor, introduced six new exchange-traded notes (ETNs) today (November 30, 2010). Issued by Credit Suisse, these unsecured notes offer long, inverse, and leveraged exposure to indexes based on Volatility Index (VIX) futures. Investors should keep in mind that these products will not track the VIX Index, they will . . . → Full Story: Newcomer VelocityShares Introduces Suite of Volatility ETNs