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CIO Spotlight: John Lee, NovaFori


Location: London
John Lee is an IT Executive, with 30 years’ experience in Financial services with global exchange groups, and start-up ventures. Lee has served as Group CTO at the London Metal Exchange, CIO at PayPoint PLC, Global Head of PMO at NYSE Group and Director of Systems Development at the London Financial Futures Exchange.
What was your first job? My first full-time job was as a graduate software engineer with Hawker Siddeley Dynamics Engineering (HSDE). HSDE produced full authority digital engine control systems for gas turbines and I joined the software team for the Lycoming T55 engine powering the Chinook helicopter. ....

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Vix vulnerable to retail short squeeze, analysts warn


Risk.net
Volatility products could see more wild swings as dearth of vol sellers exacerbates spikes
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After last month’s bizarre rally in GameStop, analysts are fretting about a highly unusual move in the volatility markets that could foreshadow further market shocks.
On January 27, when GameStop shares more than doubled to close at nearly $348, the Vix index of S&P 500 options volatility jumped nearly 75% after opening at 23.02 points to end at 37.21. 
According to analysts at Bank of America, this was the sixth-largest Vix move in points terms since 1990 and was historically outsized
Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content. ....

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