The TAIEX Options Volatility Index (TAIWAN VIX) applies the CBOE’s VIX methodology to trading activity in the Taiwan options market. It accurately reflects current price volatility in the market, providing options traders with more information to help them evaluate market conditions and make appropriate trading decisions. The formula of TAIWAN VIX is referenced to the website (https://www.taifex.com.tw/cht/7/vixQA)