Hang Seng Indexes will start distributing a new volatility index for the Hang Seng Index. The new HSI Volatility Index will reflect expected equity market volatility over 30 days.
The new index will use the CBOE Volatility Index (VIX) methodology, while Standard & Poor’s will calculate and maintain it. The HSI Volatility Index has been created under a licensing agreement with Standard & Poor’s with permission from the Chicago Board Options Exchange.
Click here for the release from PR Newswire.