"Trading volatility" used to mean dynamic hedging. Not anymore. Today, there are OTC derivatives on realized volatility and exchange-traded derivatives on implied volatility indexes like the VIX. This book is an edited collection offering something for everyone. For institutional investors, there are articles on vol as an asset class. For financial engineers or traders there are articles on the instruments and the mathematics underlying index construction. For theoreticians, there are discussions of risk premiums and fractal geometry, etc. ...