Chart 5: Implied volatilities in financial markets  The dashed horizontal lines represent averages from 1/1/2012 to 31/12/2014. 3 Chicago Board Options Exchange- Traded Fund Volatility Index. 4 Implied Volatility of at the money options on commodity futures of Germany, Japan, the UK, and the US; weighted average based on GDP and PPP exchange rates.
For a solution to be possible, however, it would be required the support of the European Commission by taking the necessary legislative initiative for the creation of a basic reporting  6  Underlying securities include U.S. Government, Federal Agency, Government Sponsored Enterprise, Mortgage-backed, and Corporate Securities. 6  BIS central bankers’ speeches  framework at the EU level for market infrastructures.