Cboe crashes 15% after VIX products implode (CBOE)
Cboe Global Markets, the options and derivatives exchange group, was crashing during Tuesday trade, according to Markets Insider data.
The company's stock was trading down nearly 15% at 10:31 a.m. ET, at $112 a share.
It appears the driver of the sell-off is the company's connection to VIX products.
Two exchange-traded products designed to return the inverse of the Volatility Index exploded on Monday evening, losing 95% of their value. US stock markets continued a wild rid
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