The VolX Group (VolX), architects of RealVol™ Instruments and Indices, launched 1,600 risk indices. This new offering allows market participants access to the data they need to manage asset-specific and systemic risk in the marketplace.
VolX is the first index company to focus its suite of products on price risks as opposed to price levels. Donald Schlesinger, Chief Strategy Officer of VolX, said, “Although academics and practitioners have tried for decades to represent risk with a single number, the task has proven to be far too complex. We solved this conundrum by creating 40 indices on each of 40 key global assets providing a ‘360-degree’ view of the risks that can decimate a portfolio.”