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mike-orzano

Michael Orzano

Head of Exchange Products and Digital Assets, S&P Dow Jones Indices

Michael Orzano is Head of Exchange Products and Digital Assets at S&P Dow Jones Indices (S&P DJI). In this role, Mike is responsible for the product strategy and development for S&P DJI exchange partnered indices, including the S&P/ASX Indices, S&P/TSX Indices and Cboe Volatility Index (VIX), along with exchange-traded derivative solutions based on S&P DJI indices. Mike and his team work closely with exchange partners to ensure our product offerings meet the needs of the market and to cultivate liquidity ecosystems around S&P DJI benchmarks. Mike’s team also oversees S&P DJI’s digital asset products including the S&P Cryptocurrency Indices and the firm’s tokenization initiatives.
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Jul 23, 2024

Dispersion at All-Time High Relative to Volatility as Earnings Season Arrives

Despite a recent uptick to a more normal level near 16, the Cboe Volatility Index (VIX®) has averaged around just 12.8 over the past 30 trading days as of July 18, indicating relative calm in U.S. equities. Meanwhile, a complementary measure of U.S. equity market risk, the CBOE S&P 500® Dispersion Index (DSPX), has surged…

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