SPIKES Volatility Index (index symbol: SPIKE) is a measure of the expected 30-day volatility in the SPDR S&P 500 ETF (SPY). To find out more about the benefits of SPIKES, watch our video.
SPIKES Futures are launching on November 18, 2019 offered by MGEX via the CME GLOBEX® platform, and cleared by MGEX.
MIAX is proud to partner with T3 Index and MGEX to offer SPIKES Futures—for more confident volatility trading.
To trade SPIKES Futures, please contact MGEX.
The SPIKES Index and volatility products offer a number of unique features designed to produce highly accurate, robust data and create a transparent and open auction settlement process.
Brief overview of SPIKES Futures
Complete walkthrough of SPIKES index calculation
Characteristics of SPIKES Futures
Guide describing how the settlement value is determined
Interactive SPIKES index calculation example worksheet
Study by Peter Carr on differentiators of SPIKES