Global market volatility spikes: Remarkable 17.3% increase in index options movements yesterday

Market volatility within S&P500 index options rocketed yesterday during the afternoon US session, reaching 27.42 points, which is a remarkable 17.3% increase compared with the start of the session. VOLATILITY S&P 500 (INDEXCBOE:VIX) is a trademarked ticker symbol for the CBOE Volatility Index, a popular measure of the implied volatility of S&P 500 index options. […]

Remarkable-17.3%-increase-in-index-options-movements-yesterday

Market volatility within S&P500 index options rocketed yesterday during the afternoon US session, reaching 27.42 points, which is a remarkable 17.3% increase compared with the start of the session.

VOLATILITY S&P 500 (INDEXCBOE:VIX) is a trademarked ticker symbol for the CBOE Volatility Index, a popular measure of the implied volatility of S&P 500 index options.

Market turbulance has been substantial over the last few months, especially with regard to equities and stocks, one of the factors which concerned Morgan Stanley and Goldman Sachs when advising CMC Markets with regard to its IPO, and a likely reason for the firm having entered the realms of the publicly listed companies with only 31% of its stock listing on the London Stock Exchange.

For day traders, however, the volatility is likely to be a welcome set of conditions, as the VIX index has spiked many times during the last few months.

Last month, the VIX index rose to a very high 31.36 during intraday trading, whilst in August last year, the peak was 40.7 points.

These spikes and continued sharp movements have been sustained, and are representative of pre-financial crisis figures; the highest ever spike having occurred in October 2008 when the WIX index accelerated to 79.2 points.

Analysts within electronic trading companies are taking a close look at these market conditions which are offering traders a very volatile market, especially at a time during which many FX and CFD firms are diversifying away from currencies and going down the multi-asset route.

Capture

Chart, courtesy of Google Finance

Read this next

Digital Assets

Sui Spikes in Weekly DEX Volume, Joins Top 10 of All Blockchains

March DEX volume on Sui stands at over $2.88B – up more than 49% from February – with decentralized exchange Cetus and wholesale liquidity layer DeepBook leading.

Digital Assets

Masa and LayerZero: Bridging Blockchains for Data Sovereignty

Masa Network is poised to revolutionize the personal data landscape with its upcoming launch as a cross-chain platform, making it accessible on a variety of blockchains right from the start.

Digital Assets

Big Time Generates over $100M in Revenue since Preseason

Innovative game developer Big Time Studios announces that its highly anticipated free-to-play multiplayer action/MMO RPG Big Time, has generated $100M in revenue. According to the team, players transacted a total volume of over $230M, without selling a single token.

Digital Assets

Centralized exchanges are 10 times more popular than DEXs in Western Europe

Western European traders are found to prefer centralized exchanges over decentralized ones as CEX traffic outpaces DEXs by a factor of ten.

Market News

Stock Market Analysis: Is NVDA Losing Its Leadership?

Since the beginning of the week, the S&P 500 Index (US500) has seen a modest increase of about 0.58%, whereas NVDA’s share price has experienced a decline of approximately 3.8%. This recent divergence raises concerns among Nvidia stock investors — could it signify a loss of NVDA’s market leadership?

Industry News

ESG: Australian regulator wins first greenwashing court case against Vanguard

Vanguard admitted that a notable portion of the securities within both the Index and the Fund did not undergo the promised ESG scrutiny.

Fintech, Uncategorized

BitMEX integrates HALO from Solidus Labs for cross-market surveillance

“The recent approval of the Spot Bitcoin ETF has piqued the market’s interest. As a result of price volatility, the trading volumes for crypto derivatives have gone up substantially. HALO, with its advanced technology and crypto-native detection architecture, will enable BitMEX to smoothly and safely scale trade surveillance across its increased trading volumes and provide the necessary safeguards for new product launches.”

Reviews

IUX Broker Review

IUX, recently rebranded from IUX Markets, stands as a multi-asset Forex broker recognized for its regulatory compliance across various jurisdictions.

Industry News

Horizon Software rebrands to Horizon Trading Solutions

“Horizon Trading Solutions has seen accelerated global growth over the past year to meet the rising demand for our trading solutions and built-for-purpose technology offering. The choice to rebrand represents a key part of this development, while maintaining our heritage and history in the industry.”

<