Prepare for Key Market Event Volatility with Fenics Market Data Short-End FXO
Prepare for Key Market Event Volatility with Fenics Market Data Short-End FXO
Significant market-moving events such as the fast approaching US Election in November place short-term Foreign Exchange (“FX”) volatility in the spotlight. Managing volatility around these ‘event dates’ is critical for risk management. Traditional FX Options pricing sources use standard tenors such as overnight, 1 week, or 1 month points with point to point interpolations. This approach lacks the precision needed to capture volatility spikes around specific events such as elections or economic data releases.
Our new Fenics Market Data Short-End FXO product offers a solution to this requirement. By providing daily implied volatility levels out to 2 weeks, this service delivers the granularity needed to track market movements more accurately, allowing you to pinpoint event-driven risk. Whether it’s FOMC, Non-Farm Payrolls, CPI announcements, or the upcoming US Election, this tailored data helps you monitor and manage risk with precision in the days leading to key events.
“We have observed a growing demand for more precise risk management tools around key market events. Our Short-End FXO product is specifically designed to meet this need by offering granular daily volatility insights up to two weeks out. This service builds upon our long-established in-house analytics and empowers traders and risk managers to respond with greater accuracy to market-moving events such as elections, central bank decisions, and economic data releases. By leveraging this targeted data, our clients can better manage short-term risks and seize opportunities during volatile periods.” – Jonathan Syrén, Head of New Product Development.
Stay ahead of short-term market moves and evaluate your portfolio’s exposure with greater clarity with Short-End FXO provided by Fenics Market Data. For further information visit our website www.fenicsmd.com or email us at [email protected]
- November 19, 2024