VolX: Realising Volatility

First Published in Automated Trader Magazine Issue 20 Q1 2011

The Volatility Exchange (VolX®) bears little resemblance to a conventional exchange and is probably best thought of as being a virtual exchange. Its realised volatility contracts can be based upon products already listed on any existing exchange or trading platform to provide a new market complex of uncorrelated instruments. Automated Trader’s founder Andy Webb recently caught up with Robert Krause, the exchange’s CEO, and Chief Business Development Officer Charles Barwis, to find out more.

We all know what we mean when we talk about an exchange, don't we? It's a convenient venue for trading. And we know what volatility is, don't we? It's a good thing. We can trade on exchanges, and when there's volatility, we can enjoy it. So what happens when you really do cut right to the chase and launch an exchange for trading volatility?

You get the Volatility Exchange, which bears little resemblance to a conventional exchange and is probably best thought of as being a virtual exchange. Its realised volatility contracts can be based upon products already listed on any existing exchange or trading platform to provide a new market complex of uncorrelated instruments. Automated Trader'sfounder Andy Webb recently caught up with Robert Krause, the exchange's CEO, and Chief Business Development Officer Charles Barwis, to find out more.

The remainder of this article is only available to Paid Subscribers

Click here to purchase a subscription to Automated Trader

  • Copyright © Automated Trader Ltd 2014 - The Gateway to Algorithmic and Automated Trading

advert
click here to return to the top of the page