NASDAQ DERIVATIVES RESEARCH PROJECT
Introducing
The NASDAQ Derivatives Research Project*
* A subsidiary of the NYU Salomon Center
Derivatives 2007: New Ideas, New Instruments, New Markets
May 18, 2007
MISSION OF THE DRP
The primary goal of the NASDAQ Derivatives Research Project is to support
research in Derivatives
•
"Derivatives" is defined broadly, to include Risk Management, Financial Engineering,
and other kinds of quantitative finance
•
"Research" includes both information production and information dissemination
– information production [research grants, data and software]
– information dissemination [conferences big and small, DRP website,
student organizations, visiting scholars]
– both together [major support for the Stern Finance Ph.D. program]
•
Key principle: The DRP seeks to promote intellectual connections and fruitful
interaction between the academic and real world research communities
Derivatives 2007: New Ideas, New Instruments, New Markets
May 18, 2007
DRP CONFERENCES, BIG AND SMALL
Big Conferences
•
"Risk Management: The State of the Art" (January 2000)
•
"Derivatives 2003: Reports from the Frontiers (January 2003)
•
"Derivatives 2007: New Ideas, New Instruments, New Markets"
(May 2007)
Derivatives 2007: New Ideas, New Instruments, New Markets
May 18, 2007
DRP CONFERENCES, BIG AND SMALL
Smaller Conferences
•
NASDAQ DRP Symposium Series (Friday afternoons)
–
–
–
–
Jan 2006
Feb 2006
April 2006
Jan 2007
"Credit Derivatives"
"Trading Volatility"
"Trading Correlation"
"Securitization"
– Planned for 2007-08: "Risk Management," "EFTs"
•
DRP "Sponsors' Days" (overview of finance research at Stern)
– next one planned for Spring 2008
Derivatives 2007: New Ideas, New Instruments, New Markets
May 18, 2007
DRP RESEARCH SUPPORT
Support for Students and Scholars
•
Doctoral Fellowships for Stern Ph.D. students
•
Support for MBA Financial Engineering Association and newly
launched undergraduate Quantitative Finance Society
•
DRP Visiting Scholar
Derivatives 2007: New Ideas, New Instruments, New Markets
May 18, 2007
DRP RESEARCH SUPPORT
Support for Derivatives Research
•
Summer research grants for faculty
•
Support for acquisition, development, and distribution of research data
and tools
•
Ad hoc support for promising projects
Derivatives 2007: New Ideas, New Instruments, New Markets
May 18, 2007
DISSEMINATION OF KNOWLEDGE
•
DRP Website (http://w4.stern.nyu.edu/salomon)
•
DRP Newsletter
Derivatives 2007: New Ideas, New Instruments, New Markets
May 18, 2007
DRP SPONSORS
Sincere thanks to our sponsors who have generously provided the
funding to launch and sustain the Derivatives Research Project
– NASDAQ for their naming grant
– ISE for major sponsorship of the Derivatives 2007 conference
– and all of our other sponsors who have supported the DRP
through the years
Derivatives 2007: New Ideas, New Instruments, New Markets
May 18, 2007