We have updated our Terms of Use.
Please read our new Privacy Statement before continuing.

The trader's nightmare

31 July 2007 By Martin Hutchinson

The VIX index of S&P 500 volatility rose by over a third in July. That s a bonanza for banks, which can charge more for options. But it could lead to losses on options they ve already sold. And flailing markets force them to change their hedges, which can be expensive.

This content is for Subscribers only


Email a friend

Please complete the form below.

Required fields *


(Separate multiple email addresses with commas)