UVXY 5 to 1 reverse split. Hilarious. Nobody seems to care these ETF's are designed to be wasting assets so the rich can steal from the poor. No stone can be left unturned in the money grubbing.
How can they be allowed to do a split on a derivative of an index?
I admit I scalp this thing on the one minute charts.
Back in the old days it was common for Treasury bonds and notes to rally post auction, to subsidize the Primary Dealers as I saw it.
Lee, odd question here.
When the China trade took off through 1990's and 2000's, paid for with dollars, how much of the RMB the sellers exchanged those dollars for with the banks or PBOC, were sterilized? Do you have any clue.