Record volumes in 2023 were driven by growth in short-dated options, notes Catherine Clay. She discusses volatility expectations for 2024, as well as the growth of short-dated options in 2023. She talks about how the options industry volume set a 4th consecutive record year in 2023. She expects heightened volatility in 2024’s uncertain macro environment. She outlines that market uncertainty equals risk and that investors will look to derivatives to hedge that risk. Tune in to find out more about the stock market today.