What If Somebody Really Is Gaming the VIX?
- Topsy-turvy stock markets put spotlight on volatility trades
- Latest claims pooh-poohed but VIX settlement questions persist
Gabelli Funds' Ward Says Firm Became 'Spectators' in Volatility Show
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The claim sounds dubious: the VIX, that index at the center of the stock market’s wild gyrations over the past week, is somehow being manipulated.
That allegation, made to federal authorities by an anonymous whistle-blower, captivated Wall Street on Tuesday, prompting both quick dismissals and more than a few raised eyebrows.