Barclays’ $600M Clerical Error Opens the Door for a Big VXX Trade - News Summed Up

Barclays’ $600M Clerical Error Opens the Door for a Big VXX Trade


In the same article, another unnamed holder of the stock sold 599 million shares of Barclays on Monday evening. Well, to be able to position yourself, either to hedge your stock portfolio or to make bets on crisis plays, you can trade VXX. In order to sell this product, Barclays has to do what’s called a shelf registration with the Securities and Exchange Commission (SEC). If you wanted to buy VXX, you could buy the note on the open market. How to Trade Barclays’ VXX DebacleMatt: So this is not a risk-free trade.


Source: CNN April 07, 2022 17:55 UTC



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