Barclay’s Suspended VXX ETN Share Creation – Implications and Trades?
by dreadnought89 Yesterday Barclay’s announced that they are suspending any further sales from inventory/issuance of VXX shares. This is the ETN that holds the front two months of /VX VIX futures contracts. Since the announcement, VXX has become decoupled from the VX futures prices, and is trading at a massive premium over NAV. VXX implied volatility … Read more