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  VelocityShares Daily 2x VIX Short-Term ETN - NASDAQ

10/21/2014, 8:48 PM ET
  • cowpieTX | Send Message 16 Nov 2011

    sorry guys, but i had to exit my 66% of my TVIX position at 53.25. Don't like the action. Replaced with UGLD and AAL.
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    • sstonerm3 | Send Message 16 Nov 2011
      : Schwab. No fines/fees. They do restrict "settled cash". I can buy with unsettled, but can't sell it without it being settled.
    • sstonerm3 | Send Message 16 Nov 2011
      : Just got approval to trade basic options in my Schwab 401K. Need to learn how to do that now. Had to do a special application.
      TVIX vs. ETF Alternatives
      TVIX Description
      The VelocityShares Daily 2x VIX Short-Term ETNs (the “ETNs”) are senior, unsecured obligations of Credit Suisse AG (“Credit Suisse”) acting through its Nassau branch. The return on the ETNs is linked to twice (2x) the daily performance of the S&P 500 VIX Short-Term Futures™ Index ER less the investor fee. The ETNs provide traders with an exchange traded instrument enabling them to efficiently express their market views on the short-term futures contracts on the CBOE SPX Volatility Index® (the “VIX®”). The ETNs do not guarantee any return of principal at maturity and do not pay any interest during their term.
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      Country: United States
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