Sr. Correspondent, Broker Research, Bangalore, India
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Oct 15, 2014
Oct 15, 2014

U.S. options volume at highest since 2011 as volatility soars

NEW YORK, Oct 15 (Reuters) – Growing concerns about the
economy and markets sent volatility soaring on Wednesday and
pushed trading volume in the U.S. options market to its highest
level in more than three years, as traders moved to hedge their
portfolios on fear of further market gyrations.

The CBOE VIX index – the stock market’s “fear gauge,”
- rose to touch 31.06, its highest level since December 2011,
before pulling back to close at 26.25.

Oct 14, 2014
    • About Saqib

      "Saqib is Senior correspondent, Broker Research and leads a team of five reporters covering equities research. He previously worked as a producer on the Reuters Global Online desk. He joined Reuters in 2009 after graduating from the Asian College of Journalism."
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