CBOE Short-Term Volatility Index

From MarketsWiki
Revision as of 11:31, 13 April 2014 by GailOsten (Talk | contribs)

Jump to: navigation, search

On October 1, 2013, Chicago Board Options Exchange (CBOE) announced that it had created a new benchmark volatility index – the CBOE Short-Term Volatility Index (ticker symbol: VXST), and had begun disseminating values for the new index.

VXST reflects investors' consensus view of expected stock market volatility. Whereas the CBOE Volatility Index (VIX) has a 30-day horizon, VXST looks out just nine days, making it particularly responsive to changes in short-term volatility triggered by market events, such as earnings, government reports and Fed announcements.

The Short-Term Volatility Index was designed to complement VIX, with the two indexes providing, "an unrivaled picture of expected market volatility."

In February and April 2014, respectively, CBOE Futures Exchange (CFE) and CBOE introduced CBOE Short-term Volatility Index Futures and options, with weekly expirations. [1]


  1. [http://www.cboe.com/AboutCBOE/MediaHub/press-releases.aspx Date=10-1-13 Press Release: CBOE INTRODUCES SHORT-TERM VOLATILITY INDEX]. cboe.com.