Key Words: Cboe says VIX just needs more liquidity as manipulation rumblings continue

‘We want to be clear that we were disappointed with the [unusual VIX event on April] 18th, and we saw it as a liquidity challenge and nothing more. We’re out now trying to enhance that liquidity.’

–Chicago Board Options Exchange President Chris Concannon

That’s the stance taken Friday by the Chicago Board Options Exchange, part of Cboe Global Markets Inc. CBOE, -2.81% as allegations its widely used VIX stock-market volatility benchmark is manipulated continued to swirl.

The comments were made as part of Cboe’s quarterly earnings call, after it reported strong earnings. Despite the quarterly numbers, Cboe shares fell Friday and are down some 17% so far in 2018.

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