Cboe wants to turn VIX into a never-ending trade

60-second summary

Cboe announces plans to transform the VIX into a perpetual futures contract, allowing traders to hold positions indefinitely rather than settling daily; the proposal outlines continuous roll‑over mechanisms and margin requirements, aiming to boost liquidity and attract institutional investors. If approved, the innovation could deepen volatility‑product markets, increase trading volumes and reshape risk‑management strategies across the broader derivatives industry.