MSGF Seminar: Are Derivatives Weapons of Mass Destruction?

Data: 25 April, 2018 (Wed)

Venue: NYU, New York

MS in Global Finance Professor and Academic Director Menachem Brenner will be leading this seminar; "Are Derivatives "Weapons of Mass Destruction"?

Derivatives are the Ultimate Financial Innovation: they are tools to manage risk, and they provide forward-looking information. Yet, in financial 'crashes' and personal financial losses, they have been singled out as the main culprit. In the words of Warren Buffet, are derivatives equivalent to financial weapons of mass destruction?

Please join us for this session with Professor Brenner as we explore this question surrounding the role of derivatives in the financial landscape.

About the speaker

Prof. Brenner's primary areas of research include derivative markets structure, option pricing, inflation expectations, auctions, market efficiency, and liquidity. His articles have appeared in leading journals in finance and economics, including the Journal of Finance, the Journal of Financial Economics, the Journal of Business, the Journal of Political Economy, and the Journal of Monetary Economics. In 1986, he co-invented (with Prof. Dan Galai) the volatility index based on the prices of traded index options and introduced the idea of volatility derivatives--an idea which was implemented 20 years later. He has written more than 60 scholarly articles in diverse areas in finance and economics.

Learn more about Professor Brenner here


Registration Opens: 5:30pm

Seminar Session and Q&A: 6pm - 7:30pm

Closing Reception: 7:30pm - 8:30pm