I'm not in this but there's lot of talk about the XIV hitting the -80% mark which is a termination event according to the prospectus of the ECN?
So what's going to happen now? Is it really then end or not?
Also, what will happen to related products like SVXY or UVXY?
I think that only applies to intraday losses. So an AH loss plus an intraday loss would not result in termination. We are really close though. XIV looks like it's going to get terminated