​Eurostoxx Vol Selling Spikes Post FOMC, Investors Maintain Europe Exposure

Hedge funds and institutional investors have been selling volatility more aggressively in the Eurostoxx 50 (SX5E) on Thursday following signals from a U.S. Federal Reserve policy statement that the central bank could raise rates after the next quarter. Despite vol selling outweighing vol buying in the SX5E, traders note that the vast majority of market participants are maintaining their European exposure.