CBOE Adds Gold ETF Index Security Futures
The CBOE Futures Exchange has started security futures trading on the CBOE Gold ETF Volatility Index.
The CBOE Futures Exchange (CFE) has started security futures trading on the CBOE Gold ETF Volatility Index, Mondovisione reports. The move will further expand tradable CFE volatility products into a new asset class. The calculation of the CBOE Gold ETF Volatility Index is based on the CBOE VIX methodology, applicable to options on the SPDR Gold Trust. The ETF index is an up-to-the-minute market estimate of the likely 30-day volatility of GLD, calculated using real-time bid/ask quotes of GLD options listed on CBOE.
Click here for the story from Mondovisione.