More Than a Dozen Volatility-Pegged Products Have Been Halted
Exchange Traded Products Bear Brunt of Volatility Spike
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Wild swings in volatility are wreaking havoc with exchange-traded products tied to the Cboe Volatility Index. A day after doubling in the biggest run-up in its history, the VIX swung from 50 and back to 25, triggering price volatility halts in a number of ETFs and ETNs linked to the gauge as the market awaits further news.