Thursday June 23 2022

News Source: Global Exchanges

Focus: General - Global Exchanges

Type: General

Country: US

Link: https://bit.ly/3HO7KiZ




On 22nd June 2022, Cboe Global Markets, Inc. announced that it has signed a licensing agreement with Validus Macro Strategies, a provider of rule-based options-based solutions for institutional investors, that creates the framework for Cboe and Validus to collaborate on the development of new indices and solutions.

Under this agreement, Cboe will have exclusive rights to develop and offer a range of derivatives-based indices and associated investable financial products using Validus’ proprietary methodologies. Cboe expects to initially launch a new series of Cboe Validus Dynamic Indices designed to show the performance of active buywrite and put write strategies on major U.S equity indices in the coming months. In addition, Cboe may work with Validus to develop other active indices for unique index-based products in the future.

The new relationship furthers Cboe’s growing global index business and builds on Cboe’s proven track record in creating and disseminating some of the industry’s most innovative index offerings, including the Cboe Volatility Index (VIX Index), and its suites of Strategy Performance Benchmark indices and Target Outcome indices.

The planned launch of the Cboe Validus Dynamic Indices will complement Cboe’s existing suite of Strategy Performance Benchmark indices, which aim to provide investors with an effective way to employ options strategies to improve risk-adjusted returns within their investment portfolio.

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