Chang, Chia-Lin; Jimenez-Martin, Juan-Angel; McAleer, … - In: The North American Journal of Economics and Finance 25 (2013) C, pp. 151-167
volatility of an asset of composite index can be traded by using volatility derivatives, such as volatility and variance swaps … in recent years. An alternative volatility derivative to VIX is the S&P500 variance futures, which is an expectation of … the variance of the S&P500 cash index. Variance futures are futures contracts written on realized variance, or …