Market Participants Can Now Gauge Volatility in Real-Time with CME Group's Live Streaming CVOL Indexes

Rhea-AI Summary

CME Group announced the launch of real-time streaming for its CME Group Volatility Indexes (CVOL), enhancing market participants' ability to gauge market risk. This service enables investors to monitor implied volatility across 27 futures products and six aggregate markets. According to Derek Sammann, Senior Managing Director, the CVOL indexes provide essential insights for traders and analysts amid global economic uncertainty. Streaming CVOL is accessible via CME Direct and will soon be available on multiple platforms.

Positive

• Real-time streaming of CVOL indexes enhances market risk assessment capabilities.
• CVOL utilizes data from 27 futures products for comprehensive volatility tracking.
• Availability of CVOL aligns with industry best practices and IOSCO compliance.

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• None.

CHICAGO, Aug. 9, 2022 /PRNewswire/ -- CME Group, the world's leading derivatives marketplace, today announced that its suite of CME Group Volatility Indexes (CVOL) are now streaming in real-time, allowing investors to keep an up to the minute pulse on what nearly every major market is signaling about future risk.

"In today's uncertain global economy, the ability to track volatility across multiple asset classes has never been more important so we are pleased to make our CVOL indexes available in real-time," said Derek Sammann, Senior Managing Director and Global Head of Commodities, Options and International Markets at CME Group. "CVOL is a powerful tool to provide indicators across the widest range of global benchmarks, from interest rates to currencies and commodities, enabling traders and analysts to better gauge the market's risk expectations. This is the latest example of how our market-leading, multi-asset class options market can provide enhanced tools and resources to help clients manage their ever-changing risk profiles."

Based on CME Group's highly-liquid options markets, CVOL tracks and measures implied volatility derived from real-time options prices across 27 futures products and six aggregate markets. Higher volatility often indicates that markets are signaling potentially significant moves in the future, while lower volatility can be an indicator that the market may be steadier ahead. Traders can measure market expectations and also track how markets are responding to certain pivotal events as they occur, including FOMC meetings, CPI data releases, OPEC meetings, WASDE reports and other market-moving events.

Today, streaming CVOL is accessible from CME Group via its website (15-minute delayed) and in real-time by users of CME Direct. Additional real-time accessibility via CME Group's Market Data Channel, Google Cloud Platform and authorized data vendors will be available soon.

Streaming CVOL is based on industry best practices and compliant with the IOSCO Principles for Financial Benchmarks. CME Group Benchmark Administration Limited (CBA) is the benchmark administrator with Chicago Mercantile Exchange Inc. (CME Inc.) providing Calculation Agent services. For more information please visit: www.cmegroup.com/cvol.

About CME Group

As the world's leading derivatives marketplace, CME Group (www.cmegroup.com) enables clients to trade futures, options, cash and OTC markets, optimize portfolios, and analyze data – empowering market participants worldwide to efficiently manage risk and capture opportunities. CME Group exchanges offer the widest range of global benchmark products across all major asset classes based on interest rates, equity indexes, foreign exchange, energy, agricultural products and metals.  The company offers futures and options on futures trading through the CME Globex® platform, fixed income trading via BrokerTec and foreign exchange trading on the EBS platform.  In addition, it operates one of the world's leading central counterparty clearing providers, CME Clearing. 

CME Group, the Globe logo, CME, Chicago Mercantile Exchange, Globex, and, E-mini are trademarks of Chicago Mercantile Exchange Inc.  CBOT and Chicago Board of Trade are trademarks of Board of Trade of the City of Chicago, Inc.  NYMEX, New York Mercantile Exchange and ClearPort are trademarks of New York Mercantile Exchange, Inc.  COMEX is a trademark of Commodity Exchange, Inc. BrokerTec and EBS are trademarks of BrokerTec Europe LTD and EBS Group LTD, respectively. Dow Jones, Dow Jones Industrial Average, S&P 500 and S&P are service and/or trademarks of Dow Jones Trademark Holdings LLC, Standard & Poor's Financial Services LLC and S&P/Dow Jones Indices LLC, as the case may be, and have been licensed for use by Chicago Mercantile Exchange Inc.  All other trademarks are the property of their respective owners.  

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SOURCE CME Group

FAQ

What is the CME Group Volatility Index (CVOL)?

CVOL is an index that tracks implied volatility derived from real-time options prices across multiple futures products.

When did CME Group announce the real-time streaming of CVOL?

The announcement was made on August 9, 2022.

How can I access the real-time CVOL data?

Real-time CVOL data is accessible through CME Direct and will be available on other platforms soon.

What markets does the CVOL cover?

CVOL tracks volatility across 27 futures products and six aggregate markets, including interest rates and commodities.