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Nov 2, 2016

On Wall Street, managing anxiety by hedging

If a lot of voters are increasingly anxious about Election Day, what about the people who make their living predicting outcomes — stock traders.

by Gigi Douban
 Traders work on the floor of the New York Stock Exchange (NYSE) on November 1, 2016 in New York City. As Wall Street continues to feel election uncertainty, the Dow Jones closes fell more than 100 points. 
 Traders work on the floor of the New York Stock Exchange (NYSE) on November 1, 2016 in New York City. As Wall Street continues to feel election uncertainty, the Dow Jones closes fell more than 100 points. 
Spencer Platt/Getty Images

Volatility indexes are up on Wall Street and beyond. A lot of that has to do with the uncertainty around the U.S. elections, which are now just six calendar days — and only three trading days — away. People are anxious. What are traders doing to keep calm and play it safe during this latest wave of economic turbulence?

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