Cboe Global Markets, Inc today announced plans to launch options on Cboe Volatility Index (VIX) futures.
The new options on VIX futures (VX) are expected to begin trading on Cboe Futures Exchange, LLC (CFE) on October 14, subject to regulatory review.
Cboe currently offers securities-based VIX Index options, which allow investors to manage or gain exposure to broad U.S. equity market volatility. The new options on VIX futures will provide similar utility but are based on front-month VIX futures.
With futures as the underlying asset, these options will be CFTC-regulated, enabling a wide array of market participants that are restricted from accessing U.S. securities-based options to use this product to express their views on equity market volatility.
“As the…
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