Cboe Revives Mini VIX Product Aimed at CTAs, Retail Traders (original) (raw)

Cboe Global Markets Inc. is looking to cater to smaller-scale traders who have embraced options in recent months as volatility increased.

The Chicago-based firm’s Cboe Futures Exchange is planning to relaunch mini futures on the Cboe Volatility Index, or VIX, which it had offered from 2009 to 2014, according to a filing with the Commodity Futures Trading Commission dated June 9. It aims to debut the VXM product later this year, pending regulatory approval. Commodity Trading Advisors, “sophisticated” retail investors and proprietary-trading firms could be among potential users, according to the filing.