Q-22.3(d) True or false: The Volatility Index (VIX) Futures contract is a volatility swap | Financial Risk Manager Part 1 Quiz - LeetQuiz
Financial Risk Manager Part 1
Explanation:
False. VIX futures are futures on the VIX index, which is a market-implied volatility measure. They are not the same as a volatility swap, although they are often used as a rough proxy for volatility exposure.
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Q-22.3(d) True or false: The Volatility Index (VIX) Futures contract is a volatility swap