Who stands to benefit when companies collapse?
Following the collapse of veteran tour operator Thomas Cook, Professor Patrick Augustin has co-authored an article that highlights the problem with 鈥渆mpty creditors鈥, a growing financial market phenomenon impacting distressed firms, and how hedge funds stand to benefit.
Read more
How do informed traders trade based on insider information?
If previous research has identified the existence of informed trading in the options markets, new work co-authored by Professor Patrick Augustin takes it a step further, offering insights into the actual strategies informed investors are likely to use.
Tricks of the trade: Unmasking insider trading tactics
A new paper co-authored by Professor Patrick Augustin spotlights some of the strategies that insider traders in the options market might use, as well as provides insight into where regulators might start to detect illegal trading activities 鈥 a daunting task given the magnitude of the stocks and bonds being traded.
Professor Augustin to speak at high-profile conference
Professor Patrick Augustin will be joining the Canadian Association of Alternative Strategies & Assets (CAASA) as a speaker at their annual conference in November.
Taking place in Montreal, the CAASA Annual Conference brings together institutional investors, central bankers, investment managers, and service providers from across Canada, the U.S., Europe, the Middle East, and Asia.
A report to navigate the future financial landscape
Professor Patrick Augustin, together with a think tank from the World Economic Forum, authored a report entitled, GFC on Financial and Monetary Systems, which lays out the risks and challenges facing the increasingly disrupted financial domain.聽
Desautels achieves second consecutive win at PRMIA
Congratulations to Desautels undergraduate students: Evan Coulter, Valentyn Litvin, Meagan Prins, and Marina Simonian who won the top prize at the prestigious PRMIA International Risk Management Challenge- marking a second consecutive victory for the Faculty at this competition.
Desautels undergraduates secure a win at PRMIA Risk Management Challenge
Congratulations to Desautels BCom students Evan Coulter, Valentyn Litvin, Meagan Prins, and Marina Simonian for winning the聽PRMIA Risk Management Challenge, marking a third consecutive victory for the Faculty. The team will advance to the International Risk Management Challenge in London, UK on April 7th, 2017 for a chance to win the grand prize of $10,000 USD.
Detecting Illegal Insider Trading
A few years ago, Preet Bharara, the U.S. Attorney of the Southern District of New York, proclaimed that insider trading is 鈥渞ampant鈥 in U.S. securities markets, a quote well known to followers of financial markets and securities law.聽[1]聽Increased efforts by the U.S. department of Justice (DoJ) and the Securities and Exchange Commission (SEC) have been met with both success and failure.
Hutchins Roundup: Macroprudential policies, bonus depreciation, and more
Studies in this week鈥檚 Hutchins Roundup find that macroprudential policies that target the cost of bank capital are the most effective way to contain housing booms, bonus depreciation has a significant impact on investment, and more.
Insider Trading Investigators Have a Blind Spot
Over the past year, a record 266 companies have spun off divisions in a trend bankers are calling 鈥淪pinmania.鈥 If history is any guide, about 35 of those deals will have leaked undetected to inside traders.
Third Annual OptionMetrics Research Conference Brings Together International Academia, Financial Professionals to 'Convene' on October 20th in New York City
OptionMetrics, a leading source for quality historical option price data, tools and analytics, has announced the upcoming聽OptionMetrics Research Conference (ORC2014).
Study: Lots of suspicious trading, but not many convictions
According to a new study, insider trading often occurs during merger and acquisitions and is rarely punished. BNN takes a closer look with one of the report's co-authors,聽Patrick Augustin, Assistant Professor of Finance, Desautels Faculty of Management, 香蕉视频.聽Watch full video:聽Business News Network
Rampant insider trading rarely leads to prosecution, says study
Insider trading continues to be 鈥減ervasive鈥 before merger and acquisition deals but rarely leads to prosecutions, according to an analysis of unusual trading patterns by a team of professors in Canada and the United States.
Es m谩s probable que rechace las jerarqu铆as si no se siente atractivo
Harvard Business Review. Cuando las personas creen que son atractivas consideran que tienen una clase social m谩s alta y su percepci贸n hacia la desigualdad es m谩s favorable, se帽ala un estudio.
Hillshire Options Bring in the Bacon
Bullish options bets on Hillshire Brands Co. stand to deliver millions of dollars in profits to one or more traders who correctly wagered in recent weeks that the company's stock would surge.