March 12, 2019
When: 6:00 PM
Understanding Returns to Short Selling Using Option-Implied Stock Borrowing Fees
Measures of short sale constraints and short selling activity strongly predict stock returns. This apparently exploitable predictability is difficult to explain. We partially resolve this puzzle by using measures of the stock borrowing costs paid by short-sellers. We show in portfolio sorts that the returns to short selling, net of stock borrowing costs, are much smaller than the gross returns to shorting or a typical long-short strategy. Option-implied borrowing fees, which reflect option market makers’ borrowing costs and the risks of changes in those costs, are on average only slightly higher than quoted borrowing fees. This finding indicates that the risk of changes in borrowing fee does not command a substantial risk premium. Option-implied borrowing fees predict future fees and stock returns, including returns net of quoted borrowing costs. The option-implied fee drives out other return predictors in panel regressions including option-based variables and other measures of short selling activity.
IAQF Members – Free
Others – $25
March 14, 2019
6th XVA, Risk, Clearing and Collateral Congress
|9:00am – 5:00pm||Presentations|
|Speakers include representatives of for example (full list will be provided soon):
BayernLB, Bayer, Commerzbank, Erste Group, DZ Bank, Intesa Sanpaolo, LCH, Nord/LB, Yields IO
We discuss the INNOVATIONS and changes in the OTC, clearing, risk and infrastructure trends and regulations which impacts all financial institutions (asset managers, banks, and insurer) as well as corporates.
More than 14 local and international experts (from organizations across Europe) will provide insights to the hot topic of the industry.
We answer the hot questions of the community that are:
• Brexit – status and impacts
• Benchmark reform – impact on pricing
• Machine learning and AI – real case studies
• Exposure management with real world scenarios
• Trends and developments in the client clearing and OTC clearing in Europe
• MVA and bilateral margining
• Smart Contacts – Status and opportunities
• What are the latest trends in XVA?
• What is my counterparty risk modelling impacted?
• What is the future of OTC business?
• What are legal changes and consequences?
• Approaches when unwinding (client) trades
• Lesson learnt from IFRS 9
March 19, 2019
AI and Data Science in Trading 2019
Where: Metropolitan Pavilion
New York, NY 10022
Finding alpha has always required asset managers to ‘raise the bar’ in terms of technology. Today, the combination of endless new data sources, cheap computing and new AI techniques is powering fundamental change. Being the first to deploy a winning strategy from a particular data set (or group of data sets) requires asset managers to have learnt new skills, built new teams and mastered the latest computing techniques.
Artificial Intelligence and Data Science in Trading is the event for senior management from hedge funds and investment banks to discover how to maximize this opportunity.
You will learn from 50 world-class speakers, from leading asset management companies, academia and technology providers. In addition to the individual speaker sessions and panel debates, the many networking opportunities allows you to meet with peers and international experts who’s focus and challenge are completely aligned with yours.
• Risk Management & Regulation
• Quant for Fundamentals
• Quantitative Methods
• Use of Alternative Data
• Artificial Intelligence
• Technology, Infrastructure & Innovation
The potential presented to investment banking is both a profit opportunity (via increased flexibility and speed) as well as a cost reduction play (reduced headcount via automation). Either way, technology is a critical competitive differentiator and attending AI & Data Science in Trading will allow you to benchmark your business and create a winning strategy.
March 20, 2019
When: 12:30 – 2:00 PM
Managing National Security Risks
The national security of the United States in the coming years will depend on how we assess the risks that impact our security and how we develop approaches to mitigate those risks.
The risks range from:
• Nation-state competition for political, economic or military dominance in the world (e.g., Russia, China, Iran)
• Military conflict and tension globally (e.g., Syria, Yemen, Afghanistan) impacting the security of the United States and our allies
• Economic displacement and migration
• International and domestic terrorism
The basis for developing sound strategies to mitigate and eliminate those risks is identifying and analyzing the factors that create and impact them. In his talk, General Taylor will share his thoughts on what is driving key national security risks and how we can successfully address them.
|Francis X. Taylor, President and CEO, FXTaylor Associates, LLC which specializes in Security, Crisis Management and Risk Management Consulting.
Mr. Taylor retired from the US Government on January 20, 2017. His last assignment was Under Secretary, Office of Intelligence and Analysis, US Department of Homeland Security. In this role, he was responsible for developing and implementing intelligence programs to support, the US Intelligence Community, the Department and other federal, state and local consumers of DHS Intelligence. He was confirmed by the Senate and assumed this role on April 14, 2014.
From March 2005 to November 2013, Mr. Taylor served as Vice President and Chief Security Officer for the General Electric Company, Fairfield CT. He was GE’s first Global CSO and was responsible for developing and managing GE’s global security operations and crisis management processes.
Prior to joining GE, Mr. Taylor had a distinguished 35-year career in government service, where he held several senior positions managing investigations, security and counterterrorism issues.
March 20, 2019
When: 3:00 – 4:30 PM
Join PRMIA Seattle for a social, networking event at the Fountain Wine Bar and Lounge.
March 21, 2019
When: 5:00 – 8:00 PM
GRC: Best Practices in a World Under Constant Cyber Threat
In a world where cyber threat is constant, staying ahead of vulnerabilities is critical. It means ensuring your first line defense systems can flag and fix issues quickly and your second line defense are primed to step in when needed. In addition, protecting your sensitive data and preventing information leakage is becoming more and more challenging. How can these areas be addressed? IBM and PRMIA are pleased to invite you to an event on March 21, 2019 to discuss the emerging best practices in governance, risk and compliance for cyber security. Featuring speakers from Promontory, PRMIA, IBM, and other leading GRC practitioners, the evening will provide an intimate conversation on the tactics, tools and ideas for Banking and Financial Markets risk professionals to fight back against cybercrime.
|5:00pm-5:30pm||Registration and Welcome|
|5:30pm-6:00pm||Keynote Speaker- Judith Pinto, Managing Director, Promontory|
|6:00pm-6:45pm||Client Panel: Data Privacy Challenges|
|6:45pm-7:15pm||Managing Risk: Emerging trends- Patrick Batson, Sr. GRC Advocate, IBM|
|7:15pm-8:00pm||Cocktails and Networking|
March 21, 2019
1345 Avenue of the Americas New York, NY 10105
Stay Tuned for More Information!
Member – $495
Student/Transitional Member – $250
Non-Member – $595
Non-Member Affiliate – $545
Early Bird – Register By February 21st and receive $100 discount!
April 3, 2019
543 Howard St, Ground Floor
San Francisco, CA 94105
Innovation & Business Model Risk Summit for Bank Execs, FinTechs, and VCs. Bridge the gap between your business and the FinTech ecosystem. Understand the real business model threats and how to stay ahead of the curve in this rapidly evolving space. Find the right vendors and partners for your future product releases, risk analytics and RegTech initiatives. Learn how to use alternative data for better credit and investment decisions. Join us for this immersive experience at the intersection of Financial Services, FinTech and Risk Management.
- Hear directly from disruptive FinTechs about their vision for consumer and commercial banking
- Understand the new dimensions in Risk Management, RegTech and Risk Infrastructure
- Discover new business opportunities from emerging technologies for your bank’s strategy
- High Impact networking with other Financial Services executives, innovators and investors in Sillicon Valley
- Rebalance your innovation roadmap to match the rapidly changing reality of Blockchain, Alternative Data, AI & ML and Product Innovations
April 8, 2019
Americas Trading Briefing 2019–New York
Description: Building on the success of the last Americas Trading Briefings in New York in the past several years, this half-day briefing will provide a series of panel sessions with an interactive program that addresses market needs, providing impartial, high quality content and the knowledge and experience of industry leading speakers. There are ample networking opportunities throughout the event and into the evening at the post-event cocktail party.
Over 300 market participants attended the half day event in April 2018 hosted by Goldman Sachs
Senior decision makers from the buy-side, sell-side, vendor and exchanges/ECN community attend
Agenda created by industry experts to ensure it addresses the issues impacting the region’s trading community
20+ speakers participate in the panel discussions
Great learning and networking opportunities
April 9, 2019
Buy-Side Risk USA 2019
Description: Bringing together: the leading conference for risk professionals and investment strategists from across the buy-side industry (institutional investors, investment and asset management firms, hedge funds, pension funds, insurance firms).
Hear from and engage with: senior professionals and heads of the largest and most innovative buy side firms. Against a backdrop of political uncertainty and volatile markets, industry leads share best practice and solutions to overcome current industry challenges.
Stay ahead and beat the market: The prospect of quantitative tightening and market liquidity is top of everyone’s agenda and, in an era of digital transformation and technological disruption, buy side firms need to remain reactive and one step ahead of the rest. This conference addresses the key industry challenges from model risk techniques, liquidity stress testing and scenario analysis through to waving farewell to Libor, to better understand the complexities of market risk and improve investment decisions. By hearing first hand practical industry advice from leading financial firms who are responding to a volatile market and preparing for the future, this is a must attend conference for any investment and risk professional.
April 12, 2019
The Quant Conference 2019
The rise of big data, application of machine learning and other technological developments in recent years have transformed the quantitative finance industry. The Quant Conference has been conceived as a unique event to provide an educational forum for delegates to hear about current trends in the cutting-edge field of quantitative finance. We focus on in-depth content rather than sales pitches. The Quant Conference’s speaker roster of industry leaders provides insights from those pioneering these changes. The event offers a wealth of networking opportunities with professional money managers, allocators, academics and young talent.
TQC19 will take place on the 12th of April in New York Marriott Marquis and our ambition is to make it one of the best quant conferences ever. We want to give our delegates a unique opportunity to learn about the industry from those who built it.
May 17, 2019
9th Annual FMA Applied Finance Conference
The Ninth Annual FMA Applied Finance Conference will be hosted at St. John’s University’s Manhattan campus located in the heart of one of New York City’s most vibrant neighborhoods. The Conference is much smaller and more focused than the FMA’s traditional meetings and includes a relatively small number of papers to provide ample opportunity for presentations and discussion by participants.
May 20, 2019
Battle of the Quants New York 2019
Data analysts/managers at quantitative and discretionary hedge funds responsible for searching for and sourcing new data sets (structured and unstructured) to enhance their data dependent strategies are welcome to join the Data Forum.
Carefully selected quantitative based investors looking to allocate to systematic strategies can review leading quantitative strategies. In addition, investors will hear from other top investors as to their outlook on the market and what they are looking for to increase the performance of their portfolios.
Managers will have the opportunity to meet carefully selected investors interested in allocating to quantitative based systematic strategies. They will also learn about what’s new in the world of Artificial Intelligence, Data Sets, Machine Learning and Blockchain/Bitcoin/ICO’s.
June 13, 2019
CQA Quantitative Trading Seminar 2019
The CQA Quantitative Trading Seminar is a half day event and we have set a tentative date of June 13, 2019 in NYC. The meeting will be held at the offices of Bank America Merrill Lynch. The agenda will be available in May. Members and guests can register on the CQA website beginning May 1, 2019.
The event will begin at noon with a box lunch being served. Please bring your photo ID for entrance as there will be a security desk check-in before entering the Conference Center. The first speaker will start at 1:00 p.m. and and continues until 5:00 p.m. After the presentations, the will be an on site reception with cocktails and snacks.