CBOE Futures Exchange
Volatility futures and beyond
CFE is best known for its flagship VIX volatility futures, which have become essential tools for portfolio hedging and volatility trading strategies. The CBOE Volatility Index (VIX) was introduced in 1993 as a benchmark measure of market expectations of near-term volatility conveyed by S&P 500 stock index option prices.
CBOE Futures Exchange (CFE) is the home of volatility futures, featuring futures on the CBOE Volatility Index (VIX). CFE is owned by CBOE Holdings, Inc. and trades on CFE are cleared by The Options Clearing Corporation (OCC). CFE is an all-electronic, open access market model with dedicated market makers and market participants providing liquidity.
The CBOE Volatility Index (VIX) is a key measure of market expectations of near-term volatility conveyed by S&P 500 stock index option prices. Since its introduction in 1993, VIX has been considered by many to be the world’s premier barometer of investor sentiment and market volatility.
The CFE Fee Schedule is available here.
Key Features
- All-electronic, open access market model
- Dedicated market makers providing continuous liquidity
- Clearing through the Options Clearing Corporation (OCC)
- Transparent price discovery for volatility products
Products
Disclaimer
This information is not to be construed as an offer to sell or a solicitation or an offer to buy commodities herein named. The factual information of this report has been obtained from sources believed to be reliable, but it is not necessarily all inclusive and is not guaranteed as to the accuracy and is not to be construed as representation by Advantage. The risk of trading futures and options can be substantial. Each investor must consider whether this is a suitable investment. Past performance is not indicative of future results.
Account downloads are not an offer of solicitation for the purchase or sale of any Commodity. Before trading one should be aware that with potential profits there is also potential for losses that may be very large. Futures investing involves risk and is not suitable for everyone. Those acting on this information are responsible for their own actions.