CBOE Futures Exchange (CFE) has announced plans to list futures with weekly expirations on the CBOE Volatility Index? (VIX? Index) beginning Thursday, July 23, 2015. VIX Weeklys options at CBOE are expected to follow.
CBOE Holdings CEO Edward T. Tilly states: “We’re pleased to launch VIX Weeklys futures, giving investors a new way to trade the world’s premier benchmark of equity market volatility. The addition of VIX weekly expirations to standard monthly expirations offers volatility exposures that more closely track the performance of the VIX Index.? VIX Weeklys futures will give investors more opportunities to trade VIX and greater trading precision when responding to breaking news and economic events.”???
CBOE introduced the concept of ‘Weeklys’ in 2005. Today they are among the industry’s fastest-growing products. For more information on VIX Weeklys futures, go to www.cboe.com/VIXWeeklys/. ?