The Ghost of ‘Volmageddon’ Is Back to Haunt New Volatility Funds
- New York court says Credit Suisse must face XIV allegations
- At least three short-volatility products are in the pipeline
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Forget a Bitcoin ETF. For many Wall Street stock traders the most eagerly awaited exchange-traded funds are just as speculative -- and even more controversial.
Known as short-volatility products, a fresh twist in a legal battle is bringing these strategies riding calm markets back into the limelight at a time when at least three issuers are trying to launch new funds.