Cboe interest rate swap volatility index
The CBOE has announced that it will launch an interest rate-based volatility index, the CBOE Interest Rate Volatility Index (SRVX), on Monday 18 June. The SRVX Index is designed to offer fixed income investors a standardised and transparent measure of interest rate swap volatility. The launch will likely be the precursor to a range of ETFs/ETNs based on interest rate volatility.