Trump Leads to Record Trading of Leveraged VIX Securities: ChartBy
With the CBOE Volatility Index heading for its biggest weekly gain of the year, securities tracking its futures are seeing record trading. More than 20 million shares of the ProShares Ultra VIX Short-Term Futures and VelocityShares Daily 2x VIX Short Term ETN changed hands each day on average in the past four days, set to lead to the busiest week ever for the products. After pushing U.S. stocks to records, investor skepticism grew as President Donald Trump began implementing policies, including an executive order on immigration that may hurt American companies operating around the world.
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