RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:Titanic Economics The End Of The XIV
The XIV was halted Tuesday, and Credit Suisse subsequently issued a press release saying it will be delivering an irrevocable call notice to The Depository Trust Company for the XIV on Feb. 15. It also named Feb. 21 as the acceleration date for the XIV.
“On the acceleration date, investors will receive a cash payment per ETN in an amount equal to the closing indicative value of XIV on the accelerated valuation date,” the statement says. “The last day of trading for XIV is expected to be February 20, 2018.”