RIVET™ is the innovative methodology behind the creation of variance futures. If you want to trade volatility or hedge risks associated with the volatility of an underlying index, RIVET-backed products are standardized, centrally cleared futures products, traded using OTC conventions, with the economics of an OTC variance swap.
- Greater access for all market participants
- Reduced counterparty risk
- Increased transparency for trade data
- Better access to daily mark-to-market values
- Improved price discovery
- Larger liquidity pools
- Standardized contract terms
As listed products, RIVET-backed futures contracts provide point and click access to firm quotes. And the equivalent economics allow you to directly compare the listed quotes with OTC quotes.
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