Sunday, January 25, 2009

Barclays VIX ETNs Slated to Begin Trading on Friday

Information pertaining to the two new VIX ETNs is hard to come by at this point, but Jamie Tyrrell’s (optionMONSTER) Volatility Sonar report from Friday indicates that a Barclays representative is talking about a launch this Friday, January 30th.

While I am not sure if the tickers have been finalized, I just now discovered an August 27, 2008 prospectus that describes the ETNs at some length and lists a VXX ticker for the iPath S&P 500 VIX Short-Term Futures ETN and a VXY ticker for the iPath S&P 500 VIX Mid-Term Futures ETN.

After I have had a chance to study the prospectus I will offer up more on these new ETNs.

In the meantime, some of the usual suspects have already offered some thoughts on the subject:

19 comments:

Dvolatility said...

looking forward to hear what you have to say, thanks for the link..

Anonymous said...

good i like your post

Eric said...

Bill, do you believe these vehicles will exaggerate volatility? I love ETNs/ETFs for their liquidity, but I do believe their proliferation must be adding to overall volatility. I am making the assumption that the average retail trader follows a me-too approach, causing most market moves to overshoot.

Bill Luby said...

Hi Eric,

I do not see a high risk of runaway volatility that results from a feedback loop effect. Frankly, I remain unconvinced that a feedback look or vicious cycle effect has been a significant issue with some of the ETFs, with the possible exception of leveraged ETFs.

At the very least, however, we will have our own VIX laboratory to test some of these hypotheses.

-Bill

Anonymous said...

Hi my loved one! I wish to say that this article is amazing, great written and include almost all significant infos.
I would like to peer extra posts like this .


Also visit my blog post ... structured settlement companies

Anonymous said...

This is really interesting, You're a very skilled blogger. I have joined your rss feed and look forward to seeking more of your excellent post. Also, I've shared
your web site in my social networks!

My web site ... Structured settlement Companies

Anonymous said...

I'm not sure why but this web site is loading extremely slow for me. Is anyone else having this problem or is it a issue on my end? I'll check back later on and
see if the problem still exists.

My homepage ... marketing online

Anonymous said...

This information is priceless. When can I find out more?


my site ... tightening loose skin

Anonymous said...

Its like you learn my thoughts! You appear to grasp a lot
approximately this, such as you wrote the ebook in it or something.
I feel that you could do with some percent to power the message house a little bit, however instead of
that, that is excellent blog. A great read.
I'll definitely be back.

My website; http://www.homemathpractice.com/groups/females-attractiveness-salon-similar-articles-or-blog-posts/

Anonymous said...

Good information. Lucky me I recently found your blog by chance (stumbleupon).

I have book-marked it for later!

Also visit my homepage; Selling Annuity Payments

Anonymous said...

Write more, thats all I have to say. Literally, it seems as though
you relied on the video to make your point. You clearly know what youre talking about, why
throw away your intelligence on just posting videos to your site when you could be giving us something
informative to read?

Stop by my web blog: you can look here

Anonymous said...

Definitely believe that which you said. Your favorite justification seemed to be on the net the easiest
thing to be aware of. I say to you, I certainly get
irked while people think about worries that they just do not know about.
You managed to hit the nail upon the top as well as defined out the whole
thing without having side-effects , people
could take a signal. Will probably be back
to get more. Thanks

Here is my homepage :: click resources

Anonymous said...

For newest information you have to pay a visit world-wide-web and on
the web I found this website as a best site for most recent updates.


My homepage: http://seedsimple.com/

Anonymous said...

What you posted made a great deal of sense. But, what about this?
suppose you were to create a killer headline? I am not saying your content isn't good, but what if you added a post title that grabbed folk's attention?
I mean "Barclays VIX ETNs Slated to Begin Trading on Friday" is
kinda vanilla. You should look at Yahoo's front page and watch how they write article headlines to grab people interested. You might try adding a video or a related pic or two to grab people interested about everything've got to say.
Just my opinion, it would make your website a little bit more interesting.


Take a look at my web blog http://www.social-bookmarks-site.com/Business_Economy/sell-structured-settlements-for-cash-with-ease

Anonymous said...

This is very interesting, You're a very professional blogger. I have joined your rss feed and look forward to in the hunt for more of your wonderful post. Additionally, I have shared your site in my social networks

My web site click here now

Anonymous said...

What's up Dear, are you actually visiting this site daily, if so after that you will without doubt get pleasant knowledge.

Look at my weblog ... check this

Anonymous said...

Hello I am so delighted I found your web site, I
really found you by mistake, while I was researching on Digg for something else,
Nonetheless I am here now and would just like to say many thanks for a fantastic post and a all round interesting blog
(I also love the theme/design), I don't have time to look over it all at the moment but I have saved it and also added your RSS feeds, so when I have time I will be back to read a lot more, Please do keep up the superb work.

Check out my blog: elijahjames654.wordpressy.pl

Anonymous said...

Hi there! I could have sworn I've been to this website before but after reading through some of the post I realized it's new to me.

Nonetheless, I'm definitely glad I found it and I'll be bookmarking and checking back frequently!


Feel free to visit my page :: annuitydefinition76.posterous.com

Anonymous said...

With havin so much content do you ever run into any issues of plagorism or copyright
violation? My website has a lot of completely unique content I've either created myself or outsourced but it looks like a lot of it is popping it up all over the web without my authorization. Do you know any solutions to help reduce content from being stolen? I'd really appreciate
it.

Here is my blog click here to find out more

DISCLAIMER: "VIX®" is a trademark of Chicago Board Options Exchange, Incorporated. Chicago Board Options Exchange, Incorporated is not affiliated with this website or this website's owner's or operators. CBOE assumes no responsibility for the accuracy or completeness or any other aspect of any content posted on this website by its operator or any third party. All content on this site is provided for informational and entertainment purposes only and is not intended as advice to buy or sell any securities. Stocks are difficult to trade; options are even harder. When it comes to VIX derivatives, don't fall into the trap of thinking that just because you can ride a horse, you can ride an alligator. Please do your own homework and accept full responsibility for any investment decisions you make. No content on this site can be used for commercial purposes without the prior written permission of the author. Copyright © 2007-2023 Bill Luby. All rights reserved.
 
Web Analytics