The Weekly News Roundup is your weekly recap of CBOE features, options industry news and VIX Index and volatility-related articles from print, broadcast, online and social media outlets.
Risk Managed Successfully
CBOE wrapped up its 2nd annual Risk Management Conference (RMC) Asia in Hong Kong Thursday. Over a 160 financial professionals attended the two-day conference, discussing the latest products and strategies for managing risk, enhancing yield and lowering portfolio volatility, placing the CBOE Volatility Index (VIX) on the mainstage. In the photo, CBOE Vice President of Business Development, Matt Moran, discusses new developments in options and volatility-based benchmarks and indicators.
John Coates, a former derivatives trader and former senior research fellow in neuroscience and finance at the University of Cambridge, was featured as a key note speaker, discussing the dynamically fascinating topic, “Can Neuroscience Now Predict Your Profitability?”
For conference highlights, including blogs recapping speaker presentations and video interviews from previous conferences, visit www.cboermc.com/Asia.
VIX FIX: Volatility Just Got Trumped
After a rapid spike in volatility and stock market death spiral following the historic U.S. Presidential Election, the market is seemingly coming to terms with a Trump Presidency. The outlook of a potential softening in the regulatory space under the new administration, seen as a win for businesses and investors, triggered a rally in which the Dow Jones Index saw several days of record highs, breaking the 19,000 level for the first-time ever. Meanwhile, the CBOE Volatility Index remained complacent, staying in a narrow range between 12 1/2 and 14 1/2 this week. Admittedly, no one truly knows how the new administration will govern, and as we approach inauguration day, volatility may present itself as a guest of honor.
“Tail Risk Wagging the Dog with Wall Street Fear Gauge” - Miles Johnson, Financial Times
“VIX Duration: Why it Matters” – Gregory King, Seeking Alpha
“Trading VIX Update: Year-to-Date Trading Return Exceeds 1000%” – Artyom Zakaryan, Seeking Alpha
“Time to Reload on VIX?” -- Peter Tchir, Forbes
“Four Reasons the Bulls will Stay in Charge of the Stock Market” – Howard Gold, Market Watch