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Investment Banking & Investment Services
Financial
ETN
VelocityShares Daily 2x VIX Medium-Term ETN is an exchange traded note launched by Credit Suisse AG, Nassau Branch. The note seeks to track twice the daily performance of the S&P 500 VIX Mid-Term Futures Index ER. The index represents the public equity markets of the United States. It comprises of mid-term futures contracts on the CBOE Volatility Index. The index represents the stocks of companies operating across diversified sectors. It comprises of the volatile stocks of large-cap companies. The ETN will mature on December 4, 2030. VelocityShares Daily 2x VIX Medium-Term ETN was formed on November 29, 2010 and is domiciled in the United States.
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