-- Stock market volatility gets renewed boost as new Covid-19 variant gains foothold; VIX trading, benchmark index up, options totals surge; 

-- John’s Take: This week’s Nasdaq, AWS deal sends more exchanges into the Cloud;

-- Jermal Chandler breaks down the formula for put/call parity in the latest ‘Term’ 

The John Lothian Daily Update is a podcast turning the daily JLN hits and takes comments, our original content and the stories and quips in the top box of First Read into a daily podcast.

Timing is everything in the derivatives industry. In the case of IncubEx, which develops financial products in environmental, climate risk and related commodity markets, the company appears to be right on time.

In an interview with John Lothian News at FIA Expo, Dan Scarbrough, the founder, president and COO of IncubEx, described his start in the industry with the Chicago Climate Exchange more than 15 years ago. The Intercontinental Exchange bought the Chicago Climate Exchange and its parent company, the Climate Exchange, in 2010.