文档摘要：Extreme volatility in the global capital markets slowed tech IPO activity in the third quarter. The Chicago Board Options Exchange (CBOE) Volatility Index® (VIX®) rose 126% in August, hitting its highest level (40) since October 2011 and then declined to 24 by the close of September. Eleven technology companies listed in the third quarter, with total proceeds of US$4.1 billion, compared to 18 listings in Q3 2014. However, excluding Alibaba’s IPO, Q3 2015 proceeds increased 37% year over year. On a sequential basis, the proceeds declined 34%.