Patrick Catania

Affiliation:  

Asia West Group

Organizing Committee Mmember since:

  1990

Mr. Patrick Catania has spent over 30 years as an active participant in the global derivatives markets. He has filled the roles of trader, broker, educator, and exchange official. His venues have included the Chicago Mercantile Exchange, the Chicago Board of Trade, INTEX Bermuda, the University of Illinois, the University of Wisconsin, Illinois Institute of Technology, and Kent State University. Patrick is an active participant in key derivative market conferences and symposiums around the globe. He is a published author of numerous articles and texts on risk management and trading strategies. Patrick is very effective in developing and implementing strategies for emerging markets internationally. After retiring as Executive Vice President at the Chicago Board of Trade in 2002, Mr. Catania formed the Asia West Group, which specializes in derivatives market education and marketing. He has recently served as Head, International Relations, for the National Commodities and Derivatives Exchange of Mumbai, and has been elected Vice-Chairman of the Swiss Futures and Options Association. Mr. Catania holds a Bachelor’s Degree in Accountancy and Quantitative Methods and a Master’s Degree in Accountancy and International Business. He lives in Chicago with his wife Jean and their four children.

Charles Cao

Affiliation:

 Penn State University

Organizing Committee Member since:

 2009

Charles Cao is The Smeal Chair Professor of Finance at the Department of Finance, the Smeal College of Business at the Pennsylvania State University. He received his Ph.D. in Finance from the University of Chicago's Graduate School of Business in 1993, M.S. from the University of Kentucky in 1988, and B.S. from Peking University in 1984. Professor Cao’s research interests include derivative securities markets, market microstructure, credit risk, mutual funds and hedge funds. His research has been published in a wide range of academic journals, including Journal of Finance, Review of Financial Studies, Journal of Business, Journal of Financial and Quantitative Analysis, Journal of Financial Markets, Journal of Econometrics, and Journal of Financial Intermediation. His paper “ Price Discovery without Trading: Evidence from Nasdaq Pre-opening ” (co-authored with Eric Ghysels and Frank Hatheway) received the New York Stock Exchange Award for Best Paper on Equity Trading at Western Finance Association Meetings in 1999.Professor Cao was selected Fellow of FDIC Center for Financial Research in 2006 and won research grants from FDIC and Morgan Stanley. He serves as an associate editor of Journal of Financial Markets, Review of Derivatives Research, Review of Quantitative Finance and Accounting, Pacific-Basin Finance Journal, and Annals of Economics and Finance. He has taught M.B.A. and Ph.D. courses at the Smeal College of Business, Penn State University. He also served as program chair of 2005 - 2008 China International Conference in Finance, sponsored by Tsinghua University and Sloan School of Management, MIT.

Lap-Tak Douglas Chan

Affiliation:

 eBroker Systems and T G Securities

Organizing Committee Member since:

 2009

Mr. Lap-Tak Douglas Chan is Chairman of eBroker Systems and Managing Director of T G Securities. He was a founder of the eBroker Group in 2000 and developed eBroker to be a leading financial engineering and financial technology firm in Asia. It has received recognitions such as the Asia Pacific ICT Award for Financial Applications and China’s (20) Most Innovative Enterprises. He is a key researcher of eBroker’s Alpha Investment Model and algorithmic trading strategies. Mr. Chan is serving as a member of the Derivatives Market Consultative Panel of the Hong Kong Exchanges and Clearing Limited.. Prior to founding eBroker, he was an Executive Director at Goldman Sachs and a member of their Quantitative Strategies responsible for developing various Global Trading and Risk Management systems for both cash and derivatives markets. He received his Master’s degree from New York University and Bachelor’s degree (as the Valedictorian) from Stony Brook University.

Hongyi Chen

Affiliation:

 HKIMR

Organizing Committee Member since:

 2009

Mr. Chen, seconded from the HKMA, is the Senior Manager for Hong Kong Institute for Monetary Research. He is responsible for the daily operations of the HKIMR and also undertakes research under the institute's purview. Before joining the HKIMR, he worked at Research Department, External Department of the HKMA and the IMF Sub-Office in Hong Kong.

Mr. Chen is a graduate of Columbia University in New York and Beijing University in China. His research interest is mainly in monetary policy analysis, international economics, and Chinese economy and financial market.

Paul Dawson

Affiliation:

 Kent State University

Organizing Committee Member since:

 2009

Dr. Paul Dawson obtained his Ph.D. from Cass Business School at City University in London and subsequently taught there for nine years. In 2005, he moved to Kent State University. His current research interests embrace volatility, credit and - most importantly - longevity derivatives. In addition, he has a flourishing business (even in these difficult times!) in training practitioners around the world in the uses of derivatives of all types.

Joseph Fung Ph.D.

Affiliation:

 Hong Kong Baptist University

Organizing Committee Member since:

 2003

Professor Fung has been serving as a member of the Asia Pacific Futures Research Symposium (APFRS) organizing committee since 2003. His research, teaching, and consulting experiences have mainly related to derivative securities markets. He is perhaps the most published researcher on Hong Kong’s exchange-based derivatives market. Besides working for the last 16 years at Hong Kong Baptist University, Dr. Fung has held research fellowships at universities in Australia, Dubai, France, Japan, Singapore, U.K., and U.S.A.; and at the Federal Reserve Bank of Atlanta and Hong Kong Institute for Monetary Research (an independent entity affiliated with the Hong Kong Monetary Authority). He has served as special project consultant for the Hong Kong Exchanges and Clearing Limited, the Securities and Futures Commission of Hong Kong, the Hong Kong Securities Institute, as well as a number of proprietary securities trading houses. He is published widely in the field of derivatives and is ranked among the top 25 most productive authors among 170 Asia-Pacific universities. He is currently serving as a member of the Council of Advisors for the Hong Kong Institute for Monetary Research. He is principal author of all new practical finance papers of the Hong Kong Securities Institute Licensing Examinations.

William Fung

Affiliation:

 London Business School

Organizing Committee Member since:

 1999

Dr. William Fung is currently Visiting Research Professor at the BNP Paribas Hedge Fund Centre, London Business School. He has a Ph.D. in Mathematics from the University of London, and a Ph.D. in Finance from the University of Manchester. Since his pioneering paper with Professor David Hsieh in the field of hedge fund research in 1997, Professor Fung's research interest remains focused on the hedge fund industry. His publications span academic as well as professional journals, and have received awards such as the Fischer Black Memorial Foundation, 1999 Robert J. Schwartz Memorial Prize for the best paper on hedge funds and the CFA Institute, Graham and Dodd Award of Excellence, 2004. In addition to advising institutional investors on their hedge fund investments, Dr. Fung is currently Chairman of the Board of Directors at the Maple Financial Group, Canada.

Mark Holder, Symposium Executive Director

Affiliation:

 Kent State University

Organizing Committee Member since:

 1999

Dr. Mark Holder is an Associate Professor of Finance, Chairman of the Department of Finance, Editor of the Review of Futures Markets and Director of the Master Science in Financial Engineering. with teaching and research experience in the area of Financial Engineering. His teaching experience includes courses at the Masters and Doctoral levels. Prior to joining Kent State University, Professor Holder was a Senior Economist and Group Manager for research and product development at the Chicago Board of Trade where he participated in the design, launch, and marketing of the Dow Jones Industrial Average futures and futures options contracts. He was also responsible for Asian market intelligence for the Chicago Board of Trade strategic analysis research. He has published more than 40 articles in journals including Financial Management, The Journal of Futures Markets, Derivatives Quarterly, and Derivatives Use, Trading and Regulation.

Yongmiao Hong

Affiliation:

 Xiamen University and WISE

Organizing Committee Member since:

 2006

Dr. Yongmiao Hong obtained his BS in Physics (1985) and MA in Economics (1988) from Xiamen University, and Ph.D. in Economics (1993) from University of California, San Diego. He has been a faculty member in the Department of Economics, Cornell University since 1993, (Assistant Professor, 1993-1998; Associate Professor, 1998-2001; Professor, 2001-present) and has been a Cheung Kong Scholarship Visiting Professor and Director of Wang Yanan Institute for Studies in Economics (WISE), Xiamen University since 2005. Professor Hong's research interests have been in econometric theory, time series econometrics, and financial econometrics. He publishes papers in Econometrica, Econometric Theory, Journal of American Statistical Association, Journal of Econometrics, Journal of Political Economy, Quarterly Journal of Economics, Review of Economic Studies, Review of Economics and Statistics, and Review of Financial Studies. He has served on the editorial boards of Econometric Theory, Econometric Journal, Econometric Review, and Journal of Econometrics. He is currently the President-Elect of Chinese Economist Society.

Richard Kent

Affiliation:

 Kent State University

Organizing Committee Member since:

 2003

Dr. Richard Kent is Professor of Economics and Chair of the Economics Department at Kent State University. He received his Ph.D. in economics from the University of California, Berkeley. He has done research in the mortgage and housing markets. Professor Kent's work has been published in the Journal of Finance, Journal of Money, Credit, and Banking, Journal of Urban Economics, and the Southern Economic Journal. Recently his research has been in the history of economic thought, studying Keynes's development of the General Theory of Employment, Interest and Money. His work has been published in the History of Political Economy and History of Economics Review.

William T. Lin

Affiliation:

 Tamkang University

Organizing Committee Member since:

 2009

Dr. Dr. William T. Lin is currently Professor of Finance and Senior Director of the Center for Greater China Financial Research at the Tamkang University. Dr. Lin, a Ph.D. in Finance from Boston University, is extensively recognized for his professional and academic achievements. He is the Chairman of the Financial Engineering Association of Taiwan and a Board Supervisor of the Taiwan Futures Exchange. He also served as a Board Director of Taiwan Stock Exchange and of China Development Industrial Bank. Dr. Lin won China's Beijing Metro Government's 2007 Best Professor Award of Economics-Finance. He is also renowned internationally as a visiting professor at the Central University of Finance and Economics at Beijing, Xiamen University and Zhejiang University in China, and the National Institute of Development Administration at Bangkok.

Jayaram Muthuswamy

Affiliation:

 Kent State University

Organizing Committee Member since:

 2009

Dr. Muthuswamy holds a Ph.D. in Finance from the University of Chicago, an MS in Statistics from Stanford University, an MBA in Finance from Wharton, and a bachelor's degree from the London School of Economics. His research interests are in the pricing of derivatives, asset price equilibrium, financial econometrics, and high-frequency algorithmic trading strategies. Dr. Muthuswamy is currently with Kent State University, where he also serves as the Director of the PhD program. He has previously been with Singapore Management University, Griffith University, Duke University, University of Sydney, and National University of Singapore. Dr. Muthuswamy serves on the editorial boards of the Journal of Futures Markets, as well as the Review of Futures Markets. Among his many research papers is one co-authored with the late Nobel Laureate Merton Miller on the regulation of stock index futures markets, which was published in the Journal of Finance.

Joseph R. Sweeney

Affiliation:

 JRS Editorial Consultants

Organizing Committee Member since:

 1990

Mr. Joseph R. Sweeney retired from the Chicago Board of Trade (CBOT) in 2000 and is now engaged in editorial consulting work as the head of JRS Editorial Consultants, where he specializes in editing and preparing financial manuscripts for professional publication. During his 22 year tenure at the CBOT, Sweeney was managing director of the semi-annual domestic Futures Research Seminars held both in Chicago and at various major U.S. universities. This symposia series was expanded to the international market with Sweeney as the managing director. The semi-annual International Futures Research Seminars was held in the cities of major universities in both Europe and the Pacific Rim. At the CBOT, Sweeney was also managing editor of the Chicago exchange's refereed journal on futures and options markets, The Review of Futures Markets. The Review of Futures Markets temporarily ceased publication, but in 2003 resumed publication under the aegis of Kent State University and Editor Dr. Mark Holder, Chair of KSU's Finance Department.

Robert I. Webb

Affiliation:

 University of Virginia, USA, and KAIST Business School, Korea

Organizing Committee Member since:

 2003

Dr. Robert I. Webb is the Paul Tudor Jones II Research Professor at the McIntire School of Commerce of the University of Virginia in Charlottesville and a Professor at the KAIST Business School Graduate School of Finance in Seoul. He is also a Visiting Professor at the Darden Graduate School of Business Administration at the University of Virginia. Professor Webb serves as the Editor of the Journal of Futures Markets - a leading finance journal that specializes in academic articles on futures, options, and other derivatives. His experience includes trading fixed income securities for the Investment Department of the World Bank (Consultant); trading financial futures and options on the floor of the Chicago Mercantile Exchange (Member); designing new financial futures and option contracts for the Chicago Mercantile Exchange (Senior Financial Economist); analyzing the effects of deregulating the financial services industry, at the Executive Office of the President, Office of Management and Budget (Senior Financial Economist); and examining issues related to international futures markets at the U.S. Commodity Futures Trading Commission (Senior Financial Economist). Dr. Webb has also consulted on risk management issues for the Asian Development Bank.
He earned his M.B.A. and Ph.D. degrees in finance from the University of Chicago and his B.B.A. degree from the University of Wisconsin at Eau Claire. Professor Webb has published his research in a number of academic journals. He is the author of Trading Catalysts: How Events Move Markets and Create Trading Opportunities (FT Press 2007) and Macroeconomic Information and Financial Trading (Blackwell 1994).

Taewoo You

Affiliation:

 Myongji College

Organizing Committee Member since:

 2006

Dr. Taewoo You is a Professor of Finance at Myongji College and was a member of the organizing committee for the 18th APFRS in Seoul. Professor You was a recipient of the 2005-2006 Provost’s International Scholar Award during his stay at Kent State University as a visiting scholar. He received his MBA and Ph.D. in Finance from Drexel University. He received his B.A. in Business Administration from Seoul National University. Prior to joining Myongji College, he was with Korea Long-term Credit Bank Economic Research Institute as a senior financial researcher and with IBM Korea as a systems engineer and marketing representative. He is serving on the editorial board of the Review of Futures Markets. His current research interests are international finance, applied financial econometrics, risk management, market microstructure, and financial information systems. His work has been published in The Journal of Futures Markets, The Review of Futures Markets, Applied Economics, Expert Systems with Applications, and various Korean journals.