Brain Teasers  What is the sum of the numbers between 1 and 50?  What is the expected value of a die?

Answers  1275: 25 pairs of numbers that each sum to 51 (50+1, 49+2, 48+3…)  3.5 (1/6 + 2/6 + 3/6 + 4/6 + 5/6 + 6/6)

3 Quantitative Finance Society Kick-Off Meeting Spring 2012

Who We Are  Officially part of the Inter-Club Council Open to all NYU and Stern students  Focus on Finance, Comp Sci, Math & the Markets equity markets, commodities, futures, options, currencies, economic indicators, etc.  NASDAQ sponsored  Website Up-to-Date! See for previous presentations, etc.

The Board  E-Board President: Haroon Ismail Internal Vice President: Gabriel Wong External Vice President: Anant Garg Markets Chair: Andrew Berger Finance Chair: Seth Zhai Treasurer: Matthew Giacobbe  We are looking to fill e-board positions!

What We Do  Portfolios (Various Strategies)  Trading Competitions & Simulations  Discuss Markets & Specific Industries Trade idea pitches Guest speakers  S&T, Asset Management, Quant, Risk  Sports, Gambling, etc. And more…

Market Update: The Macro View  U.S. Macro Condition Economic Reports Bond Updates The FED  Europe/Asia  Commodities/FX Updates

Our Portfolios  Positions Portfolio Manager Research Analyst (2) Junior Traders (2)  Using MultiFactor Equity Model as source for fundamental and technical analysis  ThinkorSwim used as a platform to trade  If interested in joining a team, please

Our Portfolios NamePortfolio Manager Long OnlyPranav Kanade Macro PortfolioSeth Zhai Equity PairsYongJoon “YJ” Long/Short, 100/100Brian Fu

Mock Trading Simulation  Co-Sponsored with the Investment Analysis Group  Open Outcry style with minimal use of technology and a lot of mental math  6 Teams of 3 people Twice a month for 1 Hour  Team with highest P/L represents NYU at trading competitions as well as some “monetary” prizes

Membership Benefits  S&T resume book sent to recruiters  Name appears on website  Access to library QFS tutorials (e.g. computer programming, trading strategies), Equity Research, QFS Models Log in online to access all information  Gain consistent knowledge on the markets and on specific industries or desks  Invitation to alumni mingle

Membership Requirements  Attendance (5 events/semester)  2-minute trade idea pitch Trade (long/short), thesis, catalysts, upside, risk factors/downside, entry/exit points OR  Hold a portfolio position Interested members reach out to

Upcoming Events  High Frequency Trading  Derivatives 101  FX Strategy with Nomura  Variable Annuities with Metlife  Trading Floor Visits (GS, CS, MS, UBS & more)  MIT Annual Trading Competition  The Markets in Investment Banking  Trading Interview Prep, Resume Workshops  Gambling Strategies & Math  Regulation & The Markets (e.g. Dodd Frank, Volcker)  Alumni Mingle

Questions? 14