Conference on New Directions in Quantitative Finance     Paris, May 19-20-21 (2008)

Scientific Programme

 MAY 19, 2008 Morning  Chaired by: Farid AIT SAHLIA (University of Florida)
 9: 00 - 9:45  Stan URYASEV (University of Florida) CDO Structuring: an Optimization Approach
 
 9:45 -  10.30  Amal Moussa (Columbia University) : A closer look at CDO ratings.
 
 10.30 - 11.00  Break / Pause
 11.00 - 11.45  Andreea MINCA ( Ecole Polytechnique ): Extracting default intensities implied by CDO quotes
 
 11.45 - 12.30  Ying JIAO ( ESILV) Modeling of successive default events
 
 MAY 19, 2008  Afternoon  Chaired by:  Rama CONT
 14:00 - 14:45  Bruno DUPIRE (Bloomberg) : Two Financial Applications of the Root Solution of the Skorohod Embedding Problem
 
 14:45 - 15:30  Peter TANKOV ( Universite de Paris VII ) Measuring and pricing jump risk: from CPPI funds to gap options
 
 15:30 - 16:00  Break / Pause
 16:00 - 16:45  Ekaterina VOLTCHKOVA (Université de Toulouse I ) Asymptotic analysis of hedging errors in models with jumps
 
 16:45 - 17:30  Mark BROADIE (Columbia University): Understanding index option returns.
 
   
 
 MAY 20, 2008 Morning  Session chaired by :
 9: 00 - 9:45  Marco AVELLANEDA (New York University)
Modeling stock price pinning on option expiration dates: the effect of price-impact models
 
 9:45 -  10.30  Olivier PIRONNEAU (Universite de Paris VI) Pros and Cons of Finite Element Methods  for Option Pricing
 
 10:30 - 11.00  Break / Pause
 11:00 - 11.45  Stephane CREPEY ( Universite d'Evry ) Simulation of default loss distributions using particle methods
 
 11:45 - 12.30  Emmanuel Gobet (InP Grenoble - ENSIMAG) Smart Expansions and Fast Calibration methods for Jump Diffusion models
 
 12:30 - 14:00
 LUNCH  / DEJEUNER
 MAY 20, 2008 Afternoon  Session chaired by :  Nicole EL KAROUI
 14:00 - 14:45  Alfred GALICHON (Ecole Polytechnique) Comonotonic measures of multivariate risks
 
 14:45 - 15:30  Romain DEGUEST (Columbia & Ecole Polytechnique) Robustness and sensitivity analysis of risk measurement procedures
 
 15:30 - 16:00  Break / Pause
 16:00 - 16:45  Jun Ya GOTOH (Chuo University) Portfolio Learning via VaR/CVaR Minimization
 
 16.45- 17:30
 René Aid (Electricité de France) Financial risk management in power markets
 
 17:30 - 18:15  Jean-Michel LASRY (CALYON) Asset manager incentive and risk mispricing: a MFG approach
 
 MAY 21, 2008 Morning  Session chaired by: Nizar TOUZI
 9:00 - 9:45  Luciano Campi (Univ Dauphine) Multivariate Utility Maximization with Proportional Transaction Costs
 
 9:45 - 10:30  Umut Cetin (LSE) Insider trading in credit markets with dynamic information asymmetry
 
 10:30 - 11.00  Break / Pause
 11.00 - 11:45  Yann Braouezec ( ESILV ) Corporate liquidity and the value of the firm
 
 11:45 - 12:30  Bruno BOUCHARD (Dauphine) Optimal reflection of diffusions and barrier options pricing under constraints
 
 MAY 21, 2008 Afternoon  Session chaired by : Paul GLASSERMAN (Columbia University)
 14:00 - 14:45  David Fournie (Columbia University)  A market model for forward variance and VIX futures
 
 14:45 - 15:30  Pierre Henry-Labordère (Société Générale) A Mathematical Bestiary for Finance: From Differential Geometry to Hopf Algebra
 
 15:30 - 16:00  Break / Pause
 16:00 - 16:45  Serguei NOVAK (Middlesex) Measures of financial risks and market crashes.
 
 16.45 - 17:30  Romuald ELIE (Dauphine) The stochastic target approach to quantile hedging
 
 17:30   Discussion and closing session ( Farid AitSahlia, Rama Cont, Nizar Touzi )