On May 24, for the 3rd lecture of VINS-TCFA Lecture series 2016, Professor Stephen Figlewski of the NYU Stern School of Business talked about one of the most traditional of derivative instruments that has not yet been introduced in China: calls and puts on individual stocks.
Many new kinds of derivative securities have been introduced in international financial markets, and some of them have been tremendously successful. However, China has been quite cautious about allowing trading in these contracts, and the recent high volatility in the stock market has slowed innovation in this area. Figlewski used several of the most important option strategies to illustrate these properties.
Participating in the event were over one hundred audience, including finance industry insiders, scholars and NYU Shanghai students.