The Traderszone Network

Published in TZ Latest News 11 May, 2015 by The TZ Newswire Staff

Surge In VIX Volume Reflects Huge "Interest In Owning Market Crash Protection"

“I’m not sure if it’s the biggest trade ever, but it’s certainly one of them,” noted Jamie Tyrrell, a VIX specialist on the CBOE floor, as Bloomberg reports almost $100 million worth of options pegged to the volatility of US equities were traded in a split second at 1216ET today.

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