These platforms, while useful to improve the institutions’ funding, may pose important implications for the financial stability as well as for depositor protection, also considering the lower customer fidelity for the so distributed products; this kind of deposits tends to be volatile and may rapidly decrease when the institution is perceived as weak.
The same trend was witnessed in the International Monetary Market data which showed a significant turnaround in speculative forward currency positions from net short JPY positions in July to net long positions in August. 1  VIX is the ticker symbol for the Chicago Board Options Exchange Volatility Index, a measure of the implied volatility of S&P 500 index options.