Lecture on Derivative Financial Instruments by Dr. Janusz Holyst

Description

Professor Janusz Holyst, head of the project "Intellectual technologies of big data for decision-making support in the financial field based on predictive modeling," will conduct two lectures on derivative financial instruments in English on November 23 and 30 at ITMO U.

On Nov. 23 at 5 pm in room 515 on Birzhevaya 14 (Institute of Urban Studies and Design, 5th floor)

On Nov. 30 at 5 pm in room 103 on Birzhevaya 14.

The first lecture will focus on:

1. The paradox of St. Petersburg: a game in which the aggregate expected gain is unlimited.

2. Why is not only the expected profit important, but also the expected risk?

3. Arbitrage transactions and efficient market hypothesis.

4. Basic derivative financial instruments, forward contracts, futures contracts, options.

The second lecture will focus on:

5. Speculation and hedging using derivative financial instruments, examples.

6. Fundamentals of stochastic dynamics.

7. The Black-Scholes option pricing model.

Lectures will be held in English.

Contacts

Georgia Muljukina

e-mail: mulyukina@corp.ifmo.ru