GUSH

Gainers: Ultrashort Silver Proshares (ZSL) +32.6%.Microsectors -3X U.S. Big Oil Index ETN (NRGD) +29.9%.S&P Oil & Gas Expl Bear 3X Direxion (DRIP) +22.10%.Junior Gold Mine Bear 3X Direxion (JDST) +21.4%.Energy Bear 2X Direxion

The exodus from high-yield debt shows few signs of easing, with investors pulling hundreds of millions of dollars more from the largest exchange-traded funds that buy junk bonds as a global index tracking the securities erases its 2020 gains.

Invesco Ltd. is looking to active, nontransparent exchange-traded funds as the next step forward for the $4.6 trillion industry, hoping the new products will be less vulnerable to traders who exploit expected changes in ETF holdings.

Gold’s slump this week is forcing investors to ask whether the haven asset is taking a breather or facing an even sharper decline.

Five years ago, State Street started a new, green fund. The world hasn’t been the same since.

In this article I will walk you through the commonly used but wrong way to think about volatility decay.We'll then walk through an example of volatility decay with realistic numbers.Afterwards, we'll build a simple mathematical model to calculate volatility decay from first principles.We'll compare the model with back-test simulations done on portfoliovisualizer.com.

The case for the European Central Bank to add monetary stimulus gained momentum on Tuesday, with Executive Board Member Fabio Panetta saying policy makers should err on the side of doing more to keep the rebound on track.