One of the market’s hottest trades just had its biggest day yet
|07/08/2017||Posted by BusinessMediaguide.Com under General World News||
One of the most popular — and controversial — trades in the stock market is showing no signs of slowing.
An exchange-traded note betting that US stocks will essentially sit still for the next month saw record trading volume of $3.3 billion on Thursday, June 22, according to according to Macro Risk Advisors (MRA), a firm that arranges volatility trades.
The surge in anti-volatility trading comes at a time when opposing bets on increased price swings are staying subdued. As a result, the volume spike also marked an all-time high for the note relative to a long-volatility instrument that’s read more >>>