Bats Global Markets (Bats) and T3Index (T3) today announced the launch of the SPYIX (“the Spikes”), an index measuring expected 30-day volatility in the most actively traded security worldwide, the SPDR S&P 500 ETF (SPY)
Australian investment company Triple 3 has signed a deal with the New York Stock Exchange (NYSE) for the launch of a new smart beta index, which gives investors access to buy-write strategies.
Developed in association with T3 Index, a research-driven financial indexing firm specializing in volatility and options benchmarking, the NYSE Enhanced Buy-Write Index is published on the NYSE Global Index Feed (GIF) under the symbol “NYBW.”
T3Index have developed an alternative index YLDVOL (Bloomberg ticker YLDVUST) that is supposed to better represent hedging and speculation needs of fixed income traders.
T3Index will begin disseminating its proprietary global bond indices which track the volatility of the 10 year US Treasury Note and the 10 year German Bund via Bloomberg (Tickers: YLDVUST and YLDVBUND). The indices, known as YLDVOL™ (short for Yield Volatility) have been designed in consultation with industry to most accurately reflect the conventions and[…]
Triple3’s YLDVOL index is the first ever measure of European bond volatility that is tied to options on German bond futures.
The launch of the index, YLDVOL, will allow institutional investors to trade volatility as if it was an asset class, much in the same way investors can trade the volatility of equities through the VIX index and its associated derivatives.