IIM-S workshop on finance

Updated on: Thursday, October 14, 2010

IIM Shillong initiated a three-day programme that concluded on October 13.

The programme on Foreign Exchange Options titled Pricing, Hedging and Applying Exotics and Structured Products was inaugurated at the World Trade Centre, Mumbai in the presence of the Institute’s founding director, Prof AK Dutta, and David Sinate of EXIM Bank of India.

The objective of this workshop was to develop a solid understanding of the current exotic currency derivatives used in international treasury management. “This will give participants the mathematical and practical background necessary to deal with all the products on the market given the current trend where Foreign Exchange options and exotics are becoming increasingly commonplace in today’s capital markets,” remarked Prof Dutta.

Participants of this programme include dealers, traders, market makers, risk managers, academicians, financial engineers, quantitative analysts, researchers and others who deal with foreign exchange. The program is witnessing full strength participant representation from the Reserve Bank of India, Central Bank of India, EXIM Bank, Andhra Bank, United Bank of India, BNP Paribas, Coal India, Power Grid, IFMR and others.

The three-day programme is led by Professor Uwe Wystup, known worldwide as an extremely experienced practitioner in the field of foreign exchange options. A senior academic and a highly engaging trainer, Prof Wystup is also the founder and Managing Director of MathFinance AG, a global team of financial engineers providing consulting and software for FX options desks. Incidentally, Uwe is also a visiting professor at Carnegie Mellon University, Pittsburgh.

IIM-S workshop on finance

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