Mostly quiet on the volatility front
There haven’t been any new volatility ETNs or ETFs introduced for almost 4 months now, so it is about time for another wave. In April options were introduced on VelocityShares VIIX (a VXX wannabe), but it’s hard to see how these can compete effectively with VXX’s options. The funds that are attracting the most interest (and likely additional competitors) are VelocityShares’ 2X short term TVIX …