The CBOE Futures Exchange (CFE) has launched futures on the CBOE Emerging Markets ETF Volatility Index.
The launch comes as CFE owner CBOE Holdings builds up its Volatility Index franchise with the planned launch of futures contracts on 10 existing sector and single-stock volatility indexes later this year.
Trading in futures on the CBOE Emerging Markets ETF Volatility Index began on Monday.
In addition to hedging emerging markets volatility exposure or making direct plays on emerging markets volatility, VXEM security futures — in conjunction with other volatility products — will allow market participants...