Summers urged the SEC and relevant exchanges to look into the historic surge in the most-watched gauge of US financial volatility on Monday. "My understanding is that because there are some illiquid instruments that go into the calculation of the VIX, the VIX had a somewhat…
What if Monday’s extreme volatility in the US stock market wasn’t quite what it seemed? https://t.co/p99Z76bvki Short volatility traders forced to buy volatility?
***Summers Calls for SEC, Exchanges to Probe Monday’s VIX Surge*** No, its technical. The VIX goes from dead to manic in a pinch....



On Monday, the US stock market experienced an extreme surge in volatility, raising questions about its underlying causes. Former Treasury Secretary Lawrence Summers has called on the Securities and Exchange Commission (SEC) and relevant exchanges to investigate this historic increase in the VIX, the most-watched gauge of US financial volatility. Some experts suggest that the record VIX surge may have been a 'head fake,' potentially driven by technical factors and illiquid instruments involved in the VIX calculation. This unexpected spike has prompted concerns and discussions among market analysts and participants.