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VIX "Too Disjointed to Calculate a Value"; Panic Grips Emerging Markets; Biggest VIX Jump on Record

MishTalk

As more people resume quoting, it’ll level out.” The benchmark -- called the CBOE Emerging Markets ETF Volatility Index -- more than tripled as trading began at 9:30 a.m. The selloff in developing nations took a turn for the worse on Monday as Chinese equities fell the most since 2007. in New York. at 11:03 a.m

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Argentinian Peso in Massive Slide; Argentina’s Bonds Decline on Plan to Offer Local-Law Swap

MishTalk

billion to holders of debt defaulted on in 2001 or reach a settlement before resuming payments on restructured notes. The country’s benchmark restructured bonds due in 2033 fell 2.58 Peso vs. US Dollar Since late 2007, the peso has fallen from 3.02 District Judge Thomas Griesa that a swap would be illegal. cents to 80.16

Banking 72