Vix

a village 5 km north of Ch¢tillon, department of Côte d’Or, France. Nearby, in 1953, the Celtic burial mound of a priestess was discovered, dating from the late sixth to early fifth century B.C. The corpse was placed on a chariot, and there were various ritualistic articles and items of everyday life. A bronze krater over 1.5 m high with decorations both sculpted and in relief, vessels made of precious metals and bronze (many of Etruscan origin), and an Attic black-figured vessel and other articles were found. The findings testify to intensive connections of the Celtic periphery with Italy and particularly with Etruria.

REFERENCE

Joffroy, R. Le Trésor de Vix. Paris, 1962.

VIX

The implied volatility on the S&P 100 (OEX) option. This volatility is meant to be a forward looking volatility. It is calculated from both calls and puts that are near the money. The VIX is a popular measure of market risk.

CBOE Volatility Index

A mathematical measure of the implied volatility of options trading on the S&P 500 index. That is, the CBOE Volatility Index attempts to measure the likelihood of option prices to vary unpredictably in the context of a particular pricing model in this case, the Black-Scholes model. A higher number on the index represents greater volatility, while a lower number represents lower volatility. While critics maintain that its usefulness is overstated, the index is considered a leading indicator of option volatility in the wider market. The CBOE Index is operated by the Chicago Board of Options Exchange, and is also known as the VIX.

Acronym

Definition

VIX➣Volatility Index (Chicago Board of Exchange)

VIX➣Market Volatility Index

VIX➣Vienna Internet Exchange

VIX➣Vitoria, Espirito Santo, Brazil - Eureco Sales (Airport Code)

VIX➣Virtual Internet Exchange