CBOE Short-Term Volatility Index

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On October 1, 2013, Chicago Board Options Exchange (CBOE) announced that it had created a new benchmark volatility index – the CBOE Short-Term Volatility Index (ticker symbol: VXST), and had begun disseminating values for the new index.

VXST reflects investors' consensus view of expected stock market volatility. Whereas the CBOE Volatility Index (VIX) has a 30-day horizon, VXST looks out just nine days, making it particularly responsive to changes in short-term volatility triggered by market events, such as earnings, government reports and Fed announcements.

The Short-Term Volatility Index was designed to complement VIX, with the two indexes providing, "an unrivaled picture of expected market volatility."


In February and April 2014, respectively, CBOE Futures Exchange(CFE) and [[CBOE], introduced CBOE Short-Term Volatility Index futures, with weekly expirations. [1]

    url=web url; name=CBOE INTRODUCES SHORT-TERM VOLATILITY INDEX; org=CBOE; date=April 12, 2014

References

  1. [ {{{name}}}]. CBOE.