Oct 01, 2024
Research Stay in London
Stefan Albers has returned from his research stay in London. Thanks to the transCampus partnership, he was able to conduct research abroad for five months and establish valuable connections. As one of the world’s major financial centers, London provided an ideal environment for his research on implied volatility. He also explored potential future collaborations with Dr. Ianina Scheuch from the Chair of Business Education and Management Training, particularly in the area of financial literacy concerning stock market investments.
He received valuable feedback and gained new insights through discussions with leading researchers from London and beyond, such as Prof. Carol Alexander from the University of Sussex and Prof. Samuel Cohen from the University of Oxford. Recent developments in decentralized finance (DeFi), market dynamics like the extreme spikes of implied volatility in early August, and the generally poor state of financial education provided various points of engagement for his future research. Conversations with asset managers offered additional perspectives and feedback regarding practical applications and challenges. He also visited Cboe, Europe’s largest exchange, where he discussed topics such as the new generation of variance futures, the VIX1D, and the new options on VIX futures.
Events like the Oxford Lectures “Frontiers of Financial Markets,” featuring researchers such as Prof. Rama Cont and practitioners like Dr. Olivier Daviaud from J.P. Morgan, as well as the Tastytrade Roadshow for retail traders, offered further insights. The latter event, in particular, further motivated discussions regarding the challenges and impacts of financial education, not only in Germany and the UK.
