NEW YORK (Reuters) – Just when it looked like Wall Street’s fear gauge would settle down for the holidays, it has been on the rise again, and a jump in the cost of hedging suggests that volatility might be here to stay at least until year-end.
The spike in the CBOE Volatility Index, which by Tuesday had sent it to a two-month high of 25.20, has come within a span of eight days. Past surges in the VIX would suggest that it may continue to rise for a few more days.
NEW YORK, Dec 15 (Reuters) – The two options exchanges run
by International Securities Exchange Holdings were halted on
Monday following connectivity issues, leading several U.S.
options exchanges to declare “self-help” against them.
Self-help occurs when an exchange is dealing with internal
problems processing trades and needs to send orders through