Latest news with #S&P100
Business Insider
17 hours ago
- Business
- Business Insider
Block to replace Hess Corp. in S&P 500 at open on 7/23
Block (XYZ) will replace Hess Corp. (HES) in the S&P 500 effective prior to the opening of trading on Wednesday, July 23. S&P 500 and S&P 100 constituent Chevron (CVX) has acquired Hess Corp in a deal that closed today, July 18. Elevate Your Investing Strategy: Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence. Make smarter investment decisions with TipRanks' Smart Investor Picks, delivered to your inbox every week.
Time of India
18 hours ago
- Business
- Time of India
How Volatility Index (VIX) empowers traders with forward-looking view of risk
Tired of too many ads? Remove Ads What is India VIX and why Is it Important? Tired of too many ads? Remove Ads How is India VIX calculated? Interpreting VIX Levels: What Does a Number Mean? Historical Levels of VIX since May 2008 Tired of too many ads? Remove Ads India VIX and Nifty: A Negative Correlation Correlation of VIX with Nifty since May 2008 How VIX Moves Differently During Nifty's Gains and Losses Average Movement in VIX Levels in relation to Nifty since May 2008 Average Daily Change in Nifty Relative Average Daily Change in VIX < -5% 9.30% -5% to -3% 9.61% -3% to 0% 2.03% 0% to 3% -1.67% 3% to 5% -3.61% > 5% -1.46% Don't Ignore Volatility (Disclaimer: The opinions expressed in this column are that of the writer. The facts and opinions expressed here do not reflect the views of .) The concept of a Volatility Index (VIX) was first introduced by the Chicago Board Options Exchange (CBOE) in 1993. Originally, based on the S&P 100 index, it was revised in 2003 to track the S&P 500 options, and soon gained popularity as the market's "Fear Gauge." It provided investors with a real-time estimate of expected market volatility derived from option the utility of this indicator, the National Stock Exchange (NSE) of India launched its own version called the India VIX in 2008, using the methodology licensed from the CBOE. The India VIX is based on the Nifty 50 Index options and represents the market's expectation of volatility over the next 30 calendar launch was driven by the increasing complexity in Indian capital markets, the rise in derivatives trading, and the need for a standardized metric to measure implied volatility, thereby empowering investors with a forward-looking view of VIX is a measure of implied volatility derived from option prices, which captures the market's collective expectation of near-term volatility. Unlike traditional equity indices that measure price levels, the VIX reflects sentiment and anticipated market fluctuations. Specifically, India VIX uses order book data from near and next-month Nifty 50 index options traded on the NSE.A VIX reading of 15, for instance, implies an annualized expected volatility of 15% over the next 30 days. The importance of VIX lies in its ability to serve as an indicator of expected market volatility. Higher VIX values correspond with greater uncertainty, while lower readings may imply market stability. Market participants, including institutional investors and asset managers, often monitor the VIX as one of several indicators to perform risk management, hedging strategies, and tactical asset allocation decisions. India VIX is one of many tools that can provide context on changing market calculation of India VIX is rooted in a methodology adopted from the CBOE, tailored to suit the Indian derivatives market. It involves using bid-ask quotes of out-of-the-money (OTM) call and put options from the near and next-month expiry contracts of the Nifty 50 index. These OTM options are chosen because they are more sensitive to volatility expectations and provide a clearer picture of anticipated market movements. For each selected option strike, the midpoint of the bid and ask price is computed. These midpoints are then weighted based on strike intervals, adjusted for the risk-free interest rate, and aggregated to calculate the variance. Finally, the result is annualized to yield the India simpler terms, India VIX quantifies the level of implied volatility embedded in the premiums of Nifty options. When traders expect high volatility, they are willing to pay more for protection, which in turn raises the VIX value.: NSE, MO AMC. Data as on 17th June VIX values can be interpreted to understand prevailing market sentiment. Generally, a VIX reading below 13 signifies a calm market with low expected volatility, while a range of 13 to 17 is considered normal. Values between 17 and 25 suggest increasing nervousness among investors, and a VIX above 25 indicates elevated volatility and potential market turbulence. These levels act as critical signals for asset managers and retail investors researchers have also explored how VIX can be used for timing strategies between large-cap and mid-cap segments. A rising VIX typically favors a shift towards large-cap exposure, while a falling VIX can encourage allocation to mid-caps and lowest India VIX level was recorded in July 2023 at around 10.14, during a period of market consolidation. In the following 12 months, the Nifty delivered a strong return of approximately 26.4%, reflecting investor confidence during low volatility. In contrast, the highest VIX levels were seen during major global shocks – above 85 in November 2008 during the Global Financial Crisis, and over 80 in March 2020 during the COVID-19 these periods of elevated volatility, markets rebounded sharply. After the 2008 spike, the Nifty returned about 80.8% over the next year. Similarly, after the COVID-induced VIX surge, the Nifty posted a strong recovery of nearly 83.6%. These patterns show that extreme volatility often precedes strong market rallies.: NSE, MO AMC. Data as on 17th June India VIX has exhibited a strong negative correlation with the Nifty 50 Index. When the Nifty experiences a sharp decline, the VIX typically spikes, reflecting heightened uncertainty fear and increased demand for protective derivatives. Conversely, during market rallies, VIX tends to fall, indicating reduced average correlation between Nifty and India VIX is -0.41 based on the data analysed since 2008. This inverse relationship makes India VIX a valuable tool for hedging, especially for passive and index investors who seek to protect portfolios from adverse studies have also emphasized the asymmetrical nature of VIX's relationship with market returns – it reacts more sharply to market downturns than to example, on 7th April 2025, India VIX surged by 65% when the Nifty dropped 3.24% due to global uncertainties. In contrast, on 28th October 2008, even as the Nifty jumped 6.35%, VIX fell by around 33%. This pattern illustrates that VIX reacts more aggressively to market declines than to market gains.: NSE, MO AMC. Data as on 17th June asymmetrical relationship between Nifty and VIX is evident in how VIX levels respond across different ranges of Nifty's average daily the Nifty falls, especially during sharp declines, VIX tends to rise significantly. For instance, if Nifty drops by more than 5%, the VIX shoots up by an average of 9.3%. Similarly, for a fall between 3% and 5%, the VIX still increases by around 9.6%. This indicates a strong spike in market uncertainty during negative events. On the other hand, when the Nifty rises, the VIX does not drop as sharply. For example, in cases where the Nifty gains more than 5%, the VIX decreases only by about 1.5%. Even for gains between 3% and 5%, VIX drops by just 3.6%.This pattern highlights that VIX is considerably more sensitive to market declines than to rallies. The market tends to react more strongly to downside risk than to upward movements. This imbalance reinforces why volatility indices are seen as early warnings for downside risk and not for upside is not merely a risk factor but a dimension of the market that holds valuable insights. The India VIX serves as a transparent, real-time indicator of investor sentiment and expected market fluctuation. For index fund investors, ETF product managers, and mutual fund professionals, integrating VIX into investment frameworks can offer a strategic advantage. Whether it is used for hedging, asset allocation, or sentiment monitoring, the importance of VIX cannot be India's financial markets evolve, the inclusion of volatility-linked products like a VIX ETF could deepen the passive investment landscape and provide new tools for portfolio resilience. While challenges remain, the foundation is already in place. With thoughtful design and education, volatility could indeed become a tradable and manageable asset class.
Techday NZ
10-07-2025
- Business
- Techday NZ
AlphaSense unveils new brand & website amid rapid revenue growth
AlphaSense has launched a new brand evolution and redesigned website in an effort to reinforce its position in AI-powered market intelligence and support enterprise clients facing increasing business complexity. The latest brand rollout underscores AlphaSense's efforts to equip business leaders with tools that enable quick and confident decision-making, supported by artificial intelligence that prioritises verifiable and trusted insights. The company serves over 6,000 global customers, including a majority of the S&P 100, top international banking institutions, and the world's largest pharmaceutical companies. In a statement, Heather Zynczak, Chief Marketing Officer at AlphaSense, said, "We're entering a new era where the ability to move from complexity to clarity is the ultimate competitive edge. This evolution - and the digital experience that brings it to life – reflects our unique position at the forefront of AI and market intelligence, empowering our customers to lead in a world that's only getting faster and more complex." The updated brand is designed to signal AlphaSense's transition from a search solution to a broader intelligence system. The company's AI technology now integrates with a content repository of 500 million verified documents, including vital business information such as earnings transcripts, expert interviews, financial filings, and premium industry news. AlphaSense positions its service as being distinct from standard consumer-grade platforms, emphasising its focus on providing context-rich, reliable answers for enterprise requirements. Brand changes The brand evolution consists of several tangible components. These include a revised visual identity intended to communicate momentum and trust, a refined brand voice that stresses expertise and direction, and new design features modelled on proprietary AI-driven workflows. The company also launched a redesigned website aimed at simplifying the discovery of information, highlighting practical use cases, and demonstrating AlphaSense's platform capabilities for its users. The design and development of both the new brand and website drew on the same methodologies underlying the AlphaSense platform itself. According to AlphaSense, this approach showcases its ongoing belief in combining artificial intelligence capabilities with human insight for more robust business intelligence solutions. Growth and expansion The company's decision to refresh its brand identity follows a period of significant growth. AlphaSense reports that it surpassed $400 million in annual recurring revenue as of March 2025, more than doubling its previous figures from April 2024. The business also cites achieving 100% year-on-year growth in enterprise-level adoption. Recent product developments include the introduction of Deep Research, Generative Search, and Generative Grid - AI features designed to replicate the analytical functions of expert researchers. AlphaSense has also expanded its physical footprint, announcing a move to a global headquarters in Hudson Yards, New York City, along with new and enlarged offices in London, Singapore, and Chicago. Recognition for the company's trajectory has included its placement at number eight on the 2025 CNBC Disruptor 50 list, which ranks fast-growing private firms that are recognised as driving meaningful change in their industries. Focus on clarity The brand transformation was developed with support from Saffron, a global brand consultancy, which contributed to the strategic and visual direction of the evolution. The website redesign was led by Instrument, a digital agency tasked with translating AlphaSense's refreshed brand values into its online experience. Both partners worked to ensure the rebranding and website aligned with AlphaSense's principle of pairing AI expertise with human judgement in digital workflows. AlphaSense's continued expansion and product development reflect its stated mission to provide clarity for business executives in an increasingly complex and information-laden environment. The company's revised brand identity and website represent the latest step in its broader transformation efforts within the market intelligence sector.
Business Wire
26-06-2025
- Business
- Business Wire
Tradeweb Introduces T-bill Trading on ICD Portal
NEW YORK--(BUSINESS WIRE)--Tradeweb Markets Inc. (Nasdaq: TW), a leading global operator of electronic marketplaces for rates, credit, equities, and money markets, today announced the launch of direct U.S. Treasury bill (T-bill) trading for corporate treasurers via direct connection between its ICD Portal and its institutional trading platform. The launch of T-bills is an important first step toward integrating corporate treasurer workflows across a variety of Tradeweb products, geographies, and liquidity pools in the future. Corporate treasurers using ICD Portal can now trade T-bills through Tradeweb's institutional trading platform, allowing them to manage T-bill investments seamlessly alongside other core investment options on ICD Portal—including money market funds, separately managed accounts, bank deposits, and bond funds—through a single, integrated solution. Tradeweb, a global leader in electronic trading, acquired Institutional Cash Distributors ('ICD') in 2024 to establish a dedicated client vertical for corporate treasury, delivering a comprehensive, end-to-end solution for managing global corporate liquidity, trading, and investment operations. The launch of T-bills is an important first step toward integrating corporate treasurer workflows across a variety of Tradeweb products, geographies, and liquidity pools in the future—beginning with trade execution and straight-through processing on highly liquid products and currencies. Tradeweb will collaborate closely with corporate clients to find the most innovative and useful ways for them to transfer risk and optimize cash. Tory Hazard, Managing Director, ICD, said: 'Tradeweb is uniquely positioned to provide corporate treasurers with a comprehensive and efficient trading experience. The direct T-bill trading capability on ICD Portal—combined with our advanced price discovery and order execution technologies—offers corporate clients a powerful, automated workflow that enhances cash management, minimizes risk, and supports optimal liquidity. This launch reflects our commitment to leveraging our institutional platform to deliver the fixed income products in highest demand by corporate treasury teams. We plan to add more fixed income instruments to ICD Portal in the future, aligning with our clients' evolving investment strategies.' Today, ICD Portal facilitates more than $4.5 trillion in annual trading volume and is one of the largest U.S. institutional investment portals. It enables 550+ corporate treasury organizations—primarily from high-growth and blue-chip companies, including approximately 17% of the S&P 100, as of December 31, 2024—to invest in money market funds and other short-term instruments to better manage liquidity. With the launch of T-bills and a growing roadmap of fixed income offerings to come, Tradeweb continues to evolve as a centralized destination for corporate investors seeking greater control, transparency, and efficiency in managing short-term investments. About Tradeweb Markets Tradeweb Markets Inc. (Nasdaq: TW) is a leading, global operator of electronic marketplaces for rates, credit, equities, and money markets. Founded in 1996, Tradeweb provides access to markets, data and analytics, electronic trading, straight-through-processing, and reporting for more than 50 products to clients in the institutional, wholesale, retail, and corporates markets. Advanced technologies developed by Tradeweb enhance price discovery, order execution and trade workflows while allowing for greater scale and helping to reduce risks in client trading operations. Tradeweb serves more than 3,000 clients in more than 85 countries. On average, Tradeweb facilitated more than $2.2 trillion in notional value traded per day over the past four fiscal quarters. For more information, please go to Forward-Looking Statements This release contains forward-looking statements within the meaning of the federal securities laws. Statements related to, among other things, our outlook and future performance, the industry and markets in which we operate, our expectations, beliefs, plans, strategies, objectives, prospects and assumptions and future events are forward-looking statements. We have based these forward-looking statements on our current expectations, assumptions, estimates and projections. While we believe these expectations, assumptions, estimates, and projections are reasonable, such forward-looking statements are only predictions and involve known and unknown risks and uncertainties, many of which are beyond our control. These and other important factors, including those discussed under the heading 'Risk Factors' in the documents of Tradeweb Markets Inc. on file with or furnished to the SEC, may cause our actual results, performance, or achievements to differ materially from those expressed or implied by these forward-looking statements. Given these risks and uncertainties, you are cautioned not to place undue reliance on such forward-looking statements. The forward-looking statements contained in this release are not guarantees of future events or performance and future events, our actual results of operations, financial condition or liquidity, and the development of the industry and markets in which we operate, may differ materially from the forward-looking statements contained in this release. In addition, even if future events, our results of operations, financial condition or liquidity, and events in the industry and markets in which we operate, are consistent with the forward-looking statements contained in this release, they may not be predictive of events, results or developments in future periods. Any forward-looking statement that we make in this release speaks only as of the date of such statement. Except as required by law, we do not undertake any obligation to update or revise, or to publicly announce any update or revision to, any of the forward-looking statements, whether as a result of new information, future events or otherwise, after the date of this release.
The Hill
20-06-2025
- Business
- The Hill
Female CEOs are more qualified than male CEOs, says new report
Although we've recently seen some positive movements when it comes to women in leadership roles, a new report reveals that women often need to be more qualified than men to be considered for CEO positions. Barriers and Breakthroughs: A Data-Driven Look at Women CEOs at America's Largest Corporations, conducted by Women's Power Gap, analyzed the career paths of all current S&P 500 CEOs, and its results challenge the misconception that women reach CEO roles through lowered standards or diversity quotas. In fact, it found that women CEOs are 32 percent more likely than men to have served as company president before becoming CEO, reflecting an additional step in leadership experience. In contrast, men were more likely to advance from division head positions (29 percent v 23 percent) or COO (17 percent v 8 percent) than women. Additionally, women are more likely to have served as chief financial officer (CFO) prior to becoming CEO. Some 10 percent of female CEOs held this role compared to 6 percent of male CEOs, indicating strong financial expertise among women leaders. Yet, despite all this experience women remain underrepresented at CEO level. Though in 2024, women comprised 17 percent of newly-appointed CEOs (11 of 64), only 48 women led S&P 500 companies (10 percent), up from just nine per cent in 2000. Frustratingly, the report identifies a phenomenon that affects many women, which sees them stuck on the second-to-last rung of the ladder, not quite reaching the top. Specifically, among S&P 100 companies, women occupy 24 percent of the three main launch positions (COO, president, and head of division/regional market), yet only 8 percent of CEO positions. Whereas men hold 76 percent of launch positions, and 92 percent of CEO roles. The report also highlights the uneven distribution of women across particular executive roles. Some 76 percent of CHRO roles are performed by women, while 56 percent of Chief Marketing Offers are also roles are less frequently linked to the CEO track; men are three times more likely to take profit-linked roles that lead to CEO opportunities. No women founders serve as CEOs of S&P 500 companies, compared to 29 men who are founders and CEOs, indicating a gap in entrepreneurial leadership. Women of color face even greater underrepresentation. At the time of the report, there were no Black or Hispanic women CEOs in the S&P 500, and only six Asian women CEOs, while men of color held a higher share of CEO roles. Things aren't a whole lot better for non-white men either. Asian, Black, and Hispanic men comprised 37 (7.4 percent), eight (1.6 percent), and 17 (3.4 percent) of the CEOs, respectively. Meanwhile, among the highest paid executives in S&P 100 companies, women of color represented three percent, while men of color represented 18 percent. The report concludes that though we have women CEOs at major corporations like Oracle (Safra Catz), Accenture (Julie Sweet), and GM (Mary Barra), there is still a long way to go. As explored previously on The Hill, a 2022 study from three U.S. academics entitled 'Potential' and the Gender Promotion Gap, revealed men are often promoted for showing promise, while women are expected to have achieved something significant first. Advanced AI resume screening software, like Dash, can be trained to ignore names and any details that give away an applicant's gender, ensuring a much more equitable hiring process. However, for very senior roles like CEO, promoting and sourcing candidates is more likely to be person-to-person, relying heavily on internal networks and direct relationships, rather than broad external searches. It's clear that closing the leadership gender gap in America's largest corporations still requires continued effort. And Women's Power Gap's report calls on companies to remove structural barriers, and foster merit-based culture to ensure equal opportunities for all aspiring leaders. If you're not on the CEO track in your organization, but want to advance your career or explore senior leadership opportunities, check out The Hill's job board, which offers a wide range of senior positions across government, policy, and corporate sectors. Ready to find a new role? Browse thousands of jobs on The Hill Job Board
