Last week the CBOE’s VIX futures set some new volume records. While volume is interesting, I think the real story is the open interest of VIX futures contracts. Is the volume just churn, or are VIX futures contracts being created or eliminated? Since raw volatility is tough to buy, VIX futures market makers must buy other things, like SPX options to hedge the …
The 2023 Non US Ex-Dividend and Pay Date information below is based on iShares distribution schedule SEMI-ANNUAL DISTRIBUTION — Non-US/Global MSCI Funds 2022 Ex-Dividend Dates June December Potential Income Dist 7-June 20-December 28-December Pay / Distribution Dates 13-June 27-December 4-January-2024 AAIT iShares MSCI All Country Asia Information Technology Index Fund(AAIT) AAXJ iShares MSCI All Country Asia ex Japan Index Fund (AAXJ) ACWI iShares MSCI ACWI …
In terms of assets Barclays’ “S&P 500 VIX Short-Term Futures” ETN is among the leaders in volatility ETFs with around 500 million dollars under management. I suspect it’s also one of the leaders in investor confusion. Although VIX is in its formal name VXXB doesn’t actually track the CBOE’s VIX index with any degree of precision. In fact, it’s not unusual for VXXB and VIX to …
The market recoveries from the Tech Crash and the Financial Crash were remarkably similar. As I blogged in February 2012, the S&P 500 index closed out the 2009 to 2012 period within 4 percent of the index 6 years before. The 2012 year market, just like 2011, started out fast but the spring correction brought it back to the old path. In …
With no government in place its hard to see how the Greeks can do anything, much less exit the Euro, but at least the Eurozone leaders appear to be moving past denial, shifting into anger. A few links: Head of European Central Bank says: “…unsustainable unless further steps are undertaken“ Goldman Prepares for Worst-Case Outcome in Europe “…examining all euro-denominated contracts“ One idea floating around, …
