CANCELED!!! (FINANCIAL STRATEGIES BASED ON QUANTITATIVE TECHNIQUES)

Event Details
  • Date/Time:
    • Tuesday April 9, 2002
      11:00 am - 12:00 am
  • Location: IC 209
  • Phone:
  • URL:
  • Email:
  • Fee(s):
    N/A
  • Extras:
Contact
Barbara Christopher
Industrial and Systems Engineering
Contact Barbara Christopher
404.385.3102
Summaries

Summary Sentence: CANCELED!!! (FINANCIAL STRATEGIES BASED ON QUANTITATIVE TECHNIQUES)

Full Summary: CANCELED!!! (FINANCIAL STRATEGIES BASED ON QUANTITATIVE TECHNIQUES)

Starting with the Black-Scholes formula in the 70s and aided by
developments in computing in the 80s, Wall Street firms realized that quantitative techniques can be invaluable in asset management. The migration of "quants" into the financial industry resulted not only in the improvement of existing strategies but also in the development of new ones that could
not have been possible otherwise. Such strategies include convertible arbitrage, volatility arbitrage, fixed income arbitrage, mortgage backed arbitrage, statistical arbitrage, risk (merger) arbitrage, trend following methods, and momentum based methods. The success of these strategies has resulted in recently making hedge funds the hottest thing on Wall Street. However, quantitative methods are not a panacea; the hedge fund industry also bears the greatest ever failure of quantitative methods: the demise of Long Term Capital Management, which in the Fall of '98 almost single-handedly brought down the Western capitalist system.

Additional Information

In Campus Calendar
No
Groups

School of Industrial and Systems Engineering (ISYE)

Invited Audience
No audiences were selected.
Categories
Seminar/Lecture/Colloquium
Keywords
No keywords were submitted.
Status
  • Created By: Barbara Christopher
  • Workflow Status: Published
  • Created On: Oct 8, 2010 - 7:43am
  • Last Updated: Oct 7, 2016 - 9:53pm