On the 30th anniversary of the ‘87 market crash last week, Cboe, in collaboration with ProShares, hosted a panel discussion “Current Dynamics of the VIX Market.” There was a lot to glean – from the applications of VIX ETPs to unique characteristics of VIX futures to general perceptions of volatility.
Dominic Salvino, Group One’s VIX options specialist, had an analogy for the current low levels of VIX, comparing it to high February temperatures in Chicago. On February 18, the thermometer reached 70 degrees Fahrenheit, only the fourth time that’s happened since 1971. Is that weird? Yes. Is it worth noting? Yes. Does that mean that the thermometer is broken? No. The thermometer is simply reading the conditions in the same way it always has.
In May 2013, the Commodity Futures Trading Commission finalized its interpretive guidance on disruptive trading practices, as mandated by the Dodd-Frank Act, which defined...
The CFTC is mandated to help police the futures arena and its much bigger relative, the swaps market. Collecting and monitoring data on the...
[et_pb_section bb_built="1" _builder_version="3.0.106" custom_padding="20px||30px|" top_divider_style="mountains2" top_divider_color="#2b65b4" locked="on" next_background_color="#000000" global_module="41289"][et_pb_row global_parent="41289" custom_padding="0px|0px|0px|0px" _builder_version="3.0.106" background_size="initial" background_position="top_left" background_repeat="repeat" parent_locked="on"][et_pb_column type="4_4"][et_pb_code admin_label="AD" global_parent="41289" _builder_version="3.18.7" background_size="initial" background_position="top_left" background_repeat="repeat" custom_padding="0px|0px|0px|0px"...