Bringing you live news and features since 2006 

CBOE to launch trading on CBOE Gold ETF Volatility Index Options (GVZ) on April 12

RELATED TOPICS​

CBOE ill begin offering trading in options on the CBOE Gold ETF Volatility Index (GVZ), often referred to as the “Gold VIX” – on Tuesday, April 12.  

The new options contract follows the introduction of trading in Gold VIX security futures (GV), also based on GVZ, at CBOE Futures Exchange (CFE) on March 25.

Extending the reach of CBOE’s VIX methodology to new asset classes, investors can use either or both products to segment and hedge short-term implied volatility risk in a highly traded commodity class for the first time.

The calculation of the CBOE Gold ETF Volatility Index is based on the well-known CBOE Volatility Index® (VIX®) methodology applied to options on the SPDR Gold Trust (GLD).  The Gold VIX is an up-to-the-minute market estimate of the expected 30-day volatility of GLD, calculated using real-time bid/ask quotes of GLD options that are listed on CBOE.

Calculated and distributed by CBOE since 2008, the Gold VIX is one in a series of VIX benchmarks created by CBOE.  CBOE also calculates the CBOE Crude Oil ETF Volatility Index (OVX), based on United States Oil Fund (USO) option prices, and the CBOE EuroCurrency ETF Volatility Index (EVZ), based on CurrencyShares Euro Trust (FXE) options.

Latest News

Morningstar has published a review of the European ETF market for the first quarter 2024, which finds that it gathered..
ETF data consultant ETFGI reports that assets invested in the global ETF industry reached a new record of USD12.71 trillion..
Calastone has published an ETF white paper which examines several of the processes that take place across the lifecycle of..
Adapting product lines to fit into changing methodologies and meet shifting demand is essential to remaining relevant in the industry..

Related Articles

Kristen Mierzwa, FTSE Russell
Index Investments Group (IIG), a division within index provider FTSE Russell, has extended its range of indices through two new...
ETFs
US ETF issuers of active ETFs are facing an increase in fees from the big custodian firms, such as Charles...
Taylor Krystkowiak, Themes ETFs
Themes ETFs opened its doors in December 2023, with an introductory suite of 11 ETFs – seven thematic and four...
Konrad Sippel, Solactive
At the end of March, financial index specialist, Solactive, published its 2024 annual report on future trends.  ...
Subscribe to the ETF Express newsletter

Subscribe for access to our weekly newsletter, newsletter archive, updates on the site and exclusive email content.

Marketing by