If you haven’t been paying close attention you may have missed some recent changes in the volatility trading arena. Just in the past few weeks, CBOE and the CBOE Futures Exchange (CFE) listed options and futures on the CBOE Russell 2000 Volatility Index (RVX), the CBOE Short-Term Volatility Index (VXST) was introduced and is now quoted real time, and CFE extended trading hours on VIX futures to overlap with equity market trading in Europe.
With so many changes we have decided to devote a week to offering three different webcasts to explain each of these volatility market developments. We also will be fielding questions before the webcasts and during the presentation as well. You can register for all three or any of the individual presentations that will comprise our “New Tools for Trading Volatility” webcast series.
On Tuesday December 10th from 3:30pm to 4:00pm Chicago time I am going to discuss trading futures and options on the CBOE Russell 2000 Volatility Index. The underlying market for RVX is the Russell 2000 Index which is considered a performance benchmark for small to mid-cap stocks along with being a barometer of performance of the US economy.
On Wednesday December 11th, again from 3:30pm to 4:00pm Chicago time I will introduce the relatively new CBOE Short-Term Volatility Index (VXST). VXST uses the same methodology for calculating volatility as the widely followed CBOE Volatility Index (VIX) but has some characteristics of its own. I will spend time showing what is similar and what is different regarding VXST relative to VIX.
Finally, on Thursday December 12th, this time from 10:00am to 10:30am I will discuss extended trading hours for futures contracts that are based on the CBOE Volatility Index. Trading in VIX futures now begins at 2:00am Chicago time. This allows traders that focus on European markets or trade those hours to take positions based on an outlook for volatility long before the market open in the United States. I talk about why European traders should focus on VIX futures pricing and how they may consider VIX derivatives more of a global volatility instrument.
For more information on registering go to – https://www.cboe.com/AboutCBOE/WebinarTools/default.aspx
If you want to submit any questions ahead of time please send them directly to me at email@example.com