Posted by cape_rover on 7th of Feb 2018 at 09:51 am
Today, Fidelity will not let me open a position on XIV or SVKY
(I was able to buy a little SVKY yesterday). People trying to
sell might have a difficult time selling (no demand) making the
price of XIV disjointed from the underlying contract value in the
ETN. When ETN closes there seems to be a possibility the
distribution you receive could be much higher than the value of
XIV. Anyone have a thought on this or experience with this
type of situation?
Today, Fidelity will not let
Does anyone know if XIV will continue to trade contacts ...
Posted by cape_rover on 7th of Feb 2018 at 09:51 am
Today, Fidelity will not let me open a position on XIV or SVKY (I was able to buy a little SVKY yesterday). People trying to sell might have a difficult time selling (no demand) making the price of XIV disjointed from the underlying contract value in the ETN. When ETN closes there seems to be a possibility the distribution you receive could be much higher than the value of XIV. Anyone have a thought on this or experience with this type of situation?
cape_rover - anything is possible
Posted by steve on 7th of Feb 2018 at 09:59 am
cape_rover - anything is possible but I have absolutely no educated guess.