CME Group VIX contracts offer new views of volatility on the crude oil and gold markets

CME Group has partnered with the Chicago Board Options Exchange (“CBOE”) to list futures and options on futures for volatility indexes (“VIX”) on a variety of asset classes. CME Group currently lists VIX contracts based on four of its benchmark commodities: crude oil, gold, corn and soybeans.

• Vision offers competitive commission rates.
• Market participants can gain direct exposure to volatility and do not have to account for the price changes of the underlying asset, interest rates and time to expiration. Traders looking to expand their volatility trading strategies have an opportunity to diversify into these asset classes.
• Based on CME Group price data from the liquid, active options on futures markets and using the established CBOE VIX methodology, the indexes provide direct, effective ways to measure market expectations of near term volatility expanded across asset classes.
• The contracts measure the expected implied volatility over the next 30 days (60 days for gold) by incorporating information from the volatility skew based on a wider range of strike prices rather than just at-the-money options.
• CME Group offers the security of centralized clearing and guaranteed counterparty credit. CME Group provides an open, fair and anonymous trading environment delivering equal access to markets and prices.

View VIX Futures and Options contract specifications.

CME Group Disclaimer: The information provided herein is taken from sources believed to be reliable. However, it is intended for purposes of information and education only and is not guaranteed by CME Group, Inc. or any of its subsidiaries as to accuracy, completeness, nor any trading result and does not constitute trading advice or constitute a solicitation of the purchase or sale of any futures or options. The Rulebook of the applicable exchange should be consulted as the authoritative source on all current contract specifications.

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