ACCESS Newswire
24 May 2023, 18:35 GMT+10
CHICAGO, IL / ACCESSWIRE / May 24, 2023 / - Market participants have long sought ways to continue to better understand and manage volatility in the financial markets. While various tools and indicators exist, many are lagging indicators that provide information about volatility after the fact. In response to this need, Cboe Labs, Cboe Global Markets' (BATS:CBOE) innovation hub, has introduced the VIX1D Index. This groundbreaking volatility measure allows traders to estimate the current day's volatility, providing real-time insights into market dynamics.
Cboe Global Markets, a leading provider of financial market solutions, has a rich history of innovation in the volatility space. With the launch of the VIX1D Index, the company reaffirms its commitment to meeting the evolving needs of market participants. This new index complements Cboe's existing suite of volatility indices, including the renowned VIX Index. It offers a unique perspective on single trading day volatility, filling a crucial gap in the market's understanding of real-time market dynamics.
The VIX1D Index, designed to measure the expected volatility of the S&P 500 Index over the current trading day, employs a similar methodology to its well-established counterpart the VIX Index. However, the VIX1D Index focuses on the compressed measurement of volatility over a single day, accounting for the short-term impact of news events on the market. As a result, the VIX1D Index tends to exhibit greater volatility than indices measuring longer time horizons. It gives traders valuable insights into daily market dynamics, reflecting short-term impacts and complementing the VIX Index's 30-day outlook.
The launch of the VIX1D Index offers significant benefits for market participants seeking to better understand and navigate current equity market volatility. Traders employing same-day options trading strategies can leverage this real-time volatility measure to make informed decisions based on daily market dynamics. With the VIX1D Index, Cboe continues to drive innovation and provide essential tools for risk management and trading strategies, further solidifying its position as a leader in the volatility space.
The introduction of the VIX1D Index by Cboe Labs represents a significant advancement in volatility measurement and analysis. By offering a real-time estimate of the current day's volatility, this index fills a critical gap in the market, empowering traders with timely insights into market dynamics. Cboe's commitment to innovation and its partnership with S&P Dow Jones Indices have once again resulted in a cutting-edge solution that addresses the evolving needs of market participants.
Clickhere to learn more.
Featured photo by m. onUnsplash.
Contact:
Michele Ormont
[email protected]
SOURCE: Cboe Global Markets, Inc.
Get a daily dose of Illinois Intelligencer news through our daily email, its complimentary and keeps you fully up to date with world and business news as well.
Publish news of your business, community or sports group, personnel appointments, major event and more by submitting a news release to Illinois Intelligencer.
More InformationOTTAWA, Canada: With Canada Post struggling to maintain operations amid labour unrest, rivals like FedEx and UPS are stepping in to...
(250710) -- ARLINGTON, July 10, 2025 (Xinhua) -- Anastasia Cekulaev of Germany celebrates scoring during the Pool 8 match between Germany...
Washington, DC [US], July 10 (ANI): US President Donald Trump announced a 50 per cent tariff on imports from Brazil, starting August...
Trump says U.S. shifting Africa policy from aid to trade U.S. President Donald Trump met with leaders from five African nations on...
Washington, DC [US], July 10 (ANI): US President Donald Trump on Wednesday announced a fresh round of tariffs on imports from seven...
EU officials have said the bloc seeks a trade deal framework with the United States, but keeps retaliation option open. BRUSSELS,...
SLUBICE, Poland: Poland reinstated border controls with Germany and Lithuania on July 7, following Germany's earlier reintroduction...
WASHINGTON, D.C.: After months of warnings from former federal officials and weather experts, the deadly flash floods that struck the...
MOSCOW, Russia: Just hours after his sudden dismissal by President Vladimir Putin, Russia's former transport minister, Roman Starovoit,...
DHARAMSHALA, India: The Dalai Lama turned 90 on July 6, celebrated by thousands of followers in the Himalayan town of Dharamshala,...
ZAGREB, Croatia: A massive concert by popular Croatian singer Marko Perković, known by his stage name Thompson, has drawn widespread...
WASHINGTON, D.C.: Elon Musk's entry into the political arena is drawing pushback from top U.S. officials and investors, as his decision...