“By keeping VIX open during VSTOXX hours we will create a trade that already exists between VSTOXX and VIX. Having them side-by-side will boost the volume."

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“By keeping VIX open during VSTOXX hours we will create a trade that already exists between VSTOXX and VIX. Having them side-by-side will boost the volume."

--Ed Tilly, chief executive of the Chicago Board Options Exchange, on the benefits of extending the trading hours of the VIX.

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