Cboe and S&P Dow Jones Launch New Index to Measure Expected S&P 500 Stock Volatility

Cboe Global Markets and S&P Dow Jones Indices have jointly developed the Cboe S&P 500 Dispersion Index (DSPX) to offer insights into equity market volatility.

The DSPX Index provides visibility into how the S&P 500 and its constituent stocks may move over the next 30 days.

The DSPX methodology draws on S&P 500 options and single stock options on S&P 500 constituents.

Cboe plans to develop futures on the DSPX Index, allowing investors to manage exposure to S&P 500 dispersion.

The DSPX Index will be a focus at Cboe's Global Risk Management Conference October 17-20, 2023.