CBOE Lists Futures On Emerging-Markets Volatility
January 09 2012 - 1:51PM
Dow Jones News
The Chicago Board Options Exchange on Monday launched futures
tied to the volatility of emerging-market stocks, the latest move
by the exchange to broaden offerings tied to its "fear"
franchise.
The futures are linked to volatility in the iShares MSCI
Emerging Markets Index exchange-traded fund (EEM). Similar to
CBOE's Volatility Index, which uses options prices to gauge
anticipated swings in the Standard & Poor's 500, CBOE's
Emerging Markets ETF Volatility Index measures expected swings in
the EEM.
Puts and calls in the EEM are the sixth-most heavily traded in
the options market, Trade Alert data show. The ETF's largest
holdings include Samsung Electronics Co. Ltd (SSNHY, 005930.SE),
China Mobile Ltd. (CHL, 0941.HK) and Gazprom OAO (OGZPY,
GAZP.RS).
CBOE, the largest U.S. options and futures exchange by market
share, is expected to list futures on 10 other existing sector and
single-stock volatility indexes later this year.
CBOE said in a release that Barclays Capital will serve as lead
market maker for its EEM volatility futures, which are listed with
under the ticker "VXEM."
-By Chris Dieterich, Dow Jones Newswires; 212-416-2611;
christopher.dieterich@dowjones.com;
China Mobile (NYSE:CHL)
Historical Stock Chart
From Sep 2024 to Oct 2024
China Mobile (NYSE:CHL)
Historical Stock Chart
From Oct 2023 to Oct 2024