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Implied volatility measure for Asia ex. Japan market?

wkdwnstjdTprtm

Joined
9/19/15
Messages
100
Points
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I am wondering if there is an implied volatility index for Asia ex Japan markets, just like the VIX index for the US market.

I couldn't find one, so I was thinking of taking the weighted average of implied volatility indices of Australia (57.44%), Hong Kong (29.94%) , New Zealand (1.82%), and Singapore (10.8%), where the weights are the country weights of MSCI Pacific ex Japan Index.

However, it looks like New Zealand and Singapore do not have the indices as well.

Does anyone know of the existence of those indices?

Thank you.
 
I don't trade internationally and have no idea if there is much options liquidity there in those two countries. Without a liquid market I doubt people would want to build a volatility index. But there is another way.

EWS is the largest Singapore ETF trading in the US, maybe look at its correlation to the specific index and draw a conclusion if you can use the ETF's Implied volatility instead. ENZL is the New Zealand ETF, but its' option's are sparse. Probably won't get much use out of it.
 
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