CCFEA (CENTRE FOR COMPUTATIONAL FINANCE AND ECONOMIC AGENTS) –Interdisciplinary; ~ 60 Master & PhD Students –City links: Olsen Ltd, HSBC, Old Mutual, Ionic Sharescope, etc

Overview - Post graduate teaching –Interdisciplinary MSc programmes Computational Finance Financial Software Engineering High Frequency Finance and Trading –Hands on & relevant Lab-based in a computer lab Research-led Expert seminars by practitioners Alumni industry contacts

Computational Finance How would computing change finance?

Financial Software Engineering What kinds of programming does the financial industry need?

High-Frequency finance & Trading How to analyze lots of data?

Which MSc is for me? MSc in High Frequency Finance & Trading Finance+EconomicsComputing MSc in Financial Software Engineering Finance+Econ.Computing MSc in Computational Finance Finance+EconomicsComputing

Topics covered –Computational Finance –Machine Learning –Algorithmic Trading –Risk Assessment and Management –High Frequency Finance –Financial Software Engineering –Expert Seminars By industrial experts from HSBC, Royal Bank of Scotland, Financial Services Authority, Credit Suisse, Olsen Ltd, KPMG, etc

MSc programme structure –Lectures (autumn & spring) 6 compulsory modules 2 optional modules –Assessment coursework (autumn & spring) written exams (summer) –Dissertation –Further support English courses Labs auditing courses

CCFEA MORE INFORMATION

Whom to meet?  Professor Edward Tsang: Financial Software Engineering (Room 5A.531)  Dr Wing Lon Ng : High-Frequency Finance & Trading & Computational Finance (Room 5A.538)  Dr John O’Hara: Computational Finance (Room 5A.536)  Dr Steve Phelps: PhD (Room 5A.535)

Contacts  Web  Administration  Mrs Debbie Neve  Mrs Lynda Triolo  Pre-sessional  Dr John O’Hara  Modules  Module Supervisor  PhD  Dr Steve Phelps  MSc  Dr Wing Lon Ng  General  Professor Edward Tsang

CCFEA Staff Edward Tsang EDDIE / GP Winglon Ng Hi-frequency Richard Olsen Forex Olsen Ltd / OANDA John O’Hara Risk Steve Phelps Agents Alex Dupuis Forex Olsen Ltd Visiting Professors / Lecturer Visiting Fellows Chris Voudouris Telecom, AI BT Biliana Alexandrova Electronic payment Mexico Central Bank Serafin Martinez Artificial Markets Mexico Central Bank Alma Garcia Chance Discovery Mexico Central Bank Evi Pliota Risk HSBC Amadeo Alentorn Computing+Finance Old Mutual David Norman Trading Trading Company

19 August 2015All Rights Reserved, Edward Tsang Centre for Computational Finance and Economic Agents 2010  Computing & Maths  Economics –Interdisciplinary; ~ 57 Master & PhD Students –City links: Olsen Ltd, HSBC, Old Mutual, Ionic Sharescope, etc  CCFEA Qingfu Zhang Optimisation Edward Tsang EDDIE / GP Monaghan Software Sheri Markose Economics Winglon Ng Hi-frequency Richard Olsen Forex Olsen Ltd  EBS Constantinou Banking HSBC John O’Hara Risk Steve Phelps Agents Maria Fasli Agents John Foster Alg. trading Abhinay Muthoo Game Theory Warwick Alex Dupuis Forex Olsen Ltd

19 August 2015All Rights Reserved, Edward Tsang Centre for Computational Finance and Economic Agents 2009  Computing & Maths  Economics –Independent, self-financed; ~ 50 Master & PhD Students –City sponsorships: HSBC, Old Mutual, Ionic Sharescope, etc  CCFEA Maria Fasli Agents Qingfu Zhang Optimisation Edward Tsang EDDIE / GP Monaghan Software Sheri Markose Economics Abhinay Muthoo Game Theory Warwick Winglon Ng Hi-frequency Constantinou Banking HSBC Richard Olsen Forex OANDA Steve Phelps Agents  EBS Constantinou Banking HSBC (Vacancy) Risk

19 August 2015All Rights Reserved, Edward Tsang Centre for Computational Finance and Economic Agents 2008  Computer Science  Economics –Independent, self-financed; ~ 40 Master & PhD Students –City sponsorships: HSBC, Old Mutual, Ionic Sharescope, etc  CCFEA Maria Fasli Agents Qingfu Zhang Optimisation Edward Tsang EDDIE / GP Sean Monaghan Software Sheri Markose Economics Abhinay Muthoo Game Theory Steve Simon Risk Winglon Ng Hi-frequency Constantinou Banking HSBC Richard Olsen Forex OANDA Kyriakos Pricing Fitch Maringer Heuristic, Portfolio

19 August 2015All Rights Reserved, Edward Tsang CCFEA City Associates Board  Dr. Nick Constantinou, (Co- Chair) –Head, Global Market Risk Management, HSBC  Richard Pattinson (Co-chair) –FGS Capital LLP  Giovanni Beliossi and Fred Sipiere –FGS Capital LLP  Professor Willem Buiter –CBE, Chief Economist : EBRD  Lord Meghnad Desai –Labour Party Peer; Emeritus Professor, LSE  Eoin Murray –Head, Quantitative Strategies, Old Mutual Asset Managers (UK)  Dr. Sushil Wadhwani –CBE, CEO Wadhwani Asset Management LLP  Dr. Lawrence Wormald –Research Director, StatPro  Professor Chris Voudouris –Senior R&D Manager, BT  Associates from the Market Infrastructure Division, Bank of England

19 August 2015All Rights Reserved, Edward Tsang Research Team James Butler EDDIE Jin Li FGP Tung L Lau Early Tools Edward Tsang EDDIE / GP Abdel Salhi Genetic Prog. Riccardo Poli Genetic Prog. Maria Fasli Agent Tech. John Gan Data mining Serafin Martinez EDDIE Red Q Giulia Iori Volatility Sheri Markose Red Queen Hakan Er Arbitrage Abhinay Muthoo Game Theory Kyriakos Chourdakis Asset Pricing Nanlin Jin Bargaining Biliana Alexandrova- Kabadjova e-Payment Alma Garcia Forecasting Dietmar Maringer Heuristic, Portfolio optim. Philip Saks Trading Pierre Wang Auction Qingfu Zhang Optimisation

19 August 2015All Rights Reserved, Edward Tsang Centre for Computational Finance and Economic Agents  Computer Science –Edward Tsang –John Gan, Maria Fasli, Riccardo Poli  Economics –Sheri Markose –Olaf Menkens –Abhinay Muthoo  City Associates City Associates –Nick Constantinou (HSBC) ++  Administrators: –Lynda Triolo, Julie Peirson  Selected Projects: Markets, Forecasting, Bargaining, e-Payments, Herding Students: –11 PhD –28 Doctoral+Master

19 August 2015All Rights Reserved, Edward Tsang CCFEA City Associates Board  Dr. Nick Constantinou, (Co-Chair) –Head Global Market Risk Management, HSBC  Giovanni Beliossi and Fred Sipiere –FGS Capital LLP  Professor Willem Buiter –CBE, Chief Economist : EBRD  Dr. Dave Cliff –Head Complex Adaptive Systems Group, HP Labs, Europe  Lord Meghnad Desai –Labour Party Peer; Emeritus Professor, LSE  Associates from the Market Infrastructure Division, Bank of England  Dr. Sushil Wadhwani –CBE, CEO Wadhwani Asset Management LLP  Dr. Lawrence Wormald –Research Director, COR Risk Solutions  Dr. Chris Voudouris –Senior R&D Manager, BT

19 August 2015All Rights Reserved, Edward Tsang Computational Finance Research at Essex Riccardo Poli Genetic Prog. Maria Fasli Agent Tech. John Gan Data mining Edward Tsang Forecasting Markets Sheri Markose Economics EDDIE-Arbitrage Abhinay Muthoo Game Theory Dietmar Maringer Heuristic Search Kyriakos Chourdakis Derivatives Pricing Full/Part Time Staff Affiliated Staff