From Vix to VStoxx: decoupling volatility

Decoupling volatility

Bertrand Delarue

The long-held belief that the Chicago Board Option Exchange's Volatility Index (Vix), which is the benchmark for US volatility, is an appropriate proxy for the volatility of European equities is under threat. Volatility levels in Europe rocketed to their highest level this year, with the VStoxx Index surging 7.5% to a 32-month high of 53.55 in September 2011 and the Vix closing 14.96 points below the gauge, marking the widest gap since October 2008. Traders are saying strategies that focus on

Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.

To access these options, along with all other subscription benefits, please contact or view our subscription options here:

You are currently unable to copy this content. Please contact to find out more.

Sorry, our subscription options are not loading right now

Please try again later. Get in touch with our customer services team if this issue persists.

New to View our subscription options

If you already have an account, please sign in here.

You need to sign in to use this feature. If you don’t have a account, please register for a trial.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an individual account here: