KEPE Greek Implied Volatility (GRIV) Index

The KEPE GRIV Index is an implied volatility index and is calculated on the basis of the prices of FTSE/ASE Large Cap Index options, by the use of the official new methodology applied by the Chicago Board Options Exchange (CBOE). The index was created by KEPE in collaboration with the University of Patras and Prof. C. Siriopoulos.


The purpose of the index is to be the main benchmark for expected future short-term volatility in the Greek stock market. It, hence, reflects uncertainty and confidence shown by investors in the Greek Economy, as reflected in derivative products prices, while providing useful information in the domestic, as well as in the international markets.


More details (in Greek)...