TVIX Falls More After Credit Suisse Restarts Issuance
Posted on March 23, 2012 at 08:54 AM EDT
A leveraged volatility ETN was down 18% in Friday’s premarket action following the previous session’s 29% plunge after Credit Suisse said it plans to restart share creation for VelocityShares Daily 2x VIX Short-Term ETN (NYSEArca: TVIX) on a limited basis, causing its premium to collapse...