That Sure Is a Weird VIX Chart, But Cboe Says Trading Was Fine
Credit Suisse to Redeem Volatility Note After Value Plunges
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The VIX took an odd-looking path this morning, but its owner says related derivatives traded just fine.
Cboe Global Markets Inc., which owns the intellectual property rights for the VIX, says the volatility gauge wasn’t halted even though it flatlined for a couple of hours. There was just a “lack of quoting activity” by traders, the company said in a statement. “VIX futures and options continued to quote and trade.”