Next TVIX Reverse Split, Number 7—December 2nd, 2019

Credit Suisse has announced that the seventh reverse split of TVIX will be December 2nd, 2019 with a 10:1 reverse split. Reverse splits reduce transaction costs by making the bid /ask spread as a percentage of the price smaller (when TVIX is trading around $5 the one cent minimum spread TVIX’s bid / ask spread is effectively a 0.25% transaction charge).  It will also likely …

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