PRESS ROOM
Volatility ticks up as equities await stimulus
Monday 02nd November '20
An uptick in the CBOE Volatility Index (VIX) is indicative of market participants seeking protection for their equity exposures. With virus cases continuing to rise, the VIX edged up to its highest level since June crossing 40 on October 28. VIX spikes are normally short-lived. A sustained rise over several days, however, would normally reflect a shift in market sentiment.