Replies to post #17846 on Velocityshares 3X Inverse Natural Gas Etn (DGAZ)

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2.6 needs hold
if not.....careful in order

Stock markets across Asia and Europe nosedived after the steepest fall on Wall Street in six years shattered years of calm

(XIV) - a security issued by Credit Suisse (SIX:CSGN), fell more than 80% in extended trading on Monday. The move after hours sparked fear among traders that violent declines in exchange-traded notes like this one would cause market volatility measures to spike further and weigh on the broader market.

Credit Suisse said in a statement that ''the XIV ETN activity is reflective of today's market volatility. There is no material impact to Credit Suisse." Nonetheless, the stock was one of the worst-performing banks in mid-morning trade, down by more than 4%.


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