Tilly said new weeklys have had much wider backing than VXST contracts
The Chicago Board
Options Exchange (CBOE) on Friday, said it was planning to
launch VIX weekly options on October 8, following a positive
response to its VIX weekly futures contracts, which launched last week.
Speaking on an earnings
call Edward Tilly, CBOE chief executive, told investors, "VIX
weeklys also respond to customers that tell us they are looking
for volatility exposure that more precisely track our benchmark
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