Gorham Quoted on Risk of Volatility Index

Date

In Medill Reports: Chicago, a publication of Northwestern University鈥檚 Medill School of Journalism, Media, Integrated Marketing Communications, IIT Stuart Industry Professor of Finance Michael Gorham contributed to a discussion about the Chicago Board Options Exchange鈥檚 鈥淰olatility Index鈥(VIX), also referred to as the 鈥淔ear Index.鈥

According to the March 14 article, VIX helps investors make sense of world events, like the Ukrainian crisis. Gorham commented on the success of the VIX, despite risks.