Quote:
Originally Posted by Ocala Mike
Some XIV fund (i.e., a fund for people short volatility) folded up its tent and closed shop. Basically lost 85% of its value in 3 days.
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you're too kind, more like 90% in 45 minutes AFTER HOURS no less. 2 billion gone.
and there were others too.
actually not a fund per se, but a leveraged bet on futures
