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Investment Banking & Investment Services
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ETN
As of February 16, 2018, VelocityShares Daily Inverse VIX Short-Term ETN has gone out of business. VelocityShares Daily Inverse VIX Short-Term ETN is an exchange traded note launched by Credit Suisse AG, Nassau Branch. The note seeks to track the inverse of the daily performance of the S&P 500 VIX Short-Term Futures Index ER. The Index represents the public equity markets of the United States. It comprises of short-term futures contracts on the CBOE Volatility Index. The index represents stocks of companies operating across diversified sectors. It represents the volatile stocks of large-cap companies. The ETN will mature on December 4, 2030. VelocityShares Daily Inverse VIX Short-Term ETN was formed on November 29, 2010 and is domiciled in the United States.
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