How Does VXX/VXXB Work?

VXX and its sister fund VXZ were the first Exchange Traded Notes (ETNs) available for volatility trading in the USA.  They have been successful products but they have built-in maturity dates in January 2019 and will be shut down at that point.  To continue these successful products their issuer, Barclays Bank PLC, has created two new funds VXXB and VXZB that are essentially identical to …

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