UPDATE: VIX just spiked again to 19.53%
While we have already heard this morning of numerous Nasdaq options markets prices being crossed, the latest SNAFU involves nothing less than that ultimate lever of market performance - the VIX - which just flash-smashed:
- *VIX EARLIER SURGED TO 21.26 IN SINGLE TRADE THAT WAS ERASED
- *VIX SURGES TO 15.27 BEFORE IMMEDIATELY DROPPING TO 14.17
It would appear that fist-stomping the "Sell VIX" button too many times on the Fed's Bloomberg terminal keyboard temporarily exposed reality. Or did the Fed realse its statement prematurely once again?
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