FTSE Implied Volatility Index Series (IVI)

The FTSE Implied Volatility Index Series (IVI) is a series of end-of-day indexes that measure the implied volatility of the FTSE 100 and FTSE MIB indexes. For each market 30, 60, 90, 180 day implied volatility estimates are available. Additionally the FTSE 100 IVI has a 360 day implied volatility estimate.

The indexes provide an estimate of the market’s volatility expectations on the underlying index between now and the index options’ expiration, providing information for consideration by market participants in reaching their risk management decisions.

FTSE IVI is forward-looking, providing market participants with an information and risk management tool and also acting as an indicator of market sentiment and volatility.

Index rules should be read in conjunction with supportingFTSE Russell noticesThese notices advise of advance changes in index methodology, which may not be reflected in index rules until the change effective date. The notices may also communicate revisions in index treatment in the period up to a rule change.