There’s one big trading company that’s loving all this uncertainty (CBOE)
|05/14/2017||Posted by BusinessMediaguide.Com under General World News||
- CBOE Holdings, the world’s largest provider of volatility instruments, beat first-quarter earnings forecasts largely because of heavy VIX trading.
- The high volume comes with the VIX sitting near the lowest level since 1993 as investors bet on price swings further in the future.
- S&P 500 options saw a record quarter, which also boosted CBOE profits.
The stock market hasn’t been this dead in 24 years, but there’s still plenty of money to be made in investment products that bet on price swings.
Just ask CBOE Holdings, the world’s largest provider of volatility instruments, which smashed first-quarter earnings expectations on Tuesday due largely to investor read more >>>