UPDATE: Minutes after we brought attention to this farce, VIX Futures and Options Re-Opened...
CBOE's VIX Futures and Options have been halted since 1337ET.
Because in our day and age of highly "sophisticated, precise and computerized" trading, just what stock market crash can take place without a critical component of the market breaking...
Based on 'spot' VIX - it would appear vol is bleeding higher
Bottom line: when the Fed can no longer sell enough vol to offset a long-overdue correction, the Fed will merely do away with vol entirely.
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