Russell Rhoads, Director of Education, CBOE Options Institute, says this year’s speakers and topics make the 2016 CBOE Risk Management Conference a key event…
In less than two weeks CBOE will host the fifth annual European version of our Risk Management Conference (RMC). This year we return to Ireland and the Powerscourt Hotel Resort and Spa, which is just outside Dublin. Two years ago RMC Europe was held at the same location which was recently named the Best Luxury Resort Spa in Ireland at the World Luxury Spa Awards.
The location is great, but the speakers and topics that will be discussed are the real reason I look forward to attending any of the CBOE RMC events. The first three sessions begin shortly after lunchtime and are all a combination of educational and practical content. Topics covered on the first day include discussions around new studies and methods with respect to systematic option and volatility-based benchmarks, how institutions take advantage of volatility risk premiums, and how options can help manage the risk associated with future liabilities. The final first day session is a panel discussion
The second day begins with an update from CBOE President & COO Ed Provost followed by Jim VandeHei, the Co-Founder of Politico, who will offer insight into the US Election. The morning session is completed with a presentation from Rebecca Cheong of UBS who will discuss Cross Asset Dislocations and Market Signals. The afternoon is divided into two tracks, which always creates a conflict for me with respect to making a choice between two equally interesting tracks. This year the presentations are divided between discussions around strategies that focus on having long volatility exposure and those that benefit from being short volatility. It may come down to what the market environment is at the time of the conference with respect to the track I choose to attend on the second day.
The final day of RMC Europe begins with Christopher Cole from Artemis Capital Management, discussing his publication, Volatility and the Allegory of the Prisoner’s Dilemma. I’ve read this paper a few times and look forward to hearing him expand on it. After the initial presentation we have another choice to make with respect to tracks. The first choice is between a presentation that discusses improving trading decisions using correlation information while the other presentation is a discussion about the evolution of options and futures trading decisions on buy side desks. Finally, after lunch, the choices is between optimal hedging and view-expression and options and volatility based solutions for insurance companies. Again, that’s a tough choice.
We all have things associated with our job that they truly enjoy and for me getting to attend each of our CBOE RMC events is at the top of the list. If you are an asset manager who is utilising or considering adding equity, equity index or volatility derivatives to your money management toolbox there are multiple sessions at RMC that can help with that pursuit. If you want to learn more about the upcoming CBOE Risk Management Conference, register, or even check out future versions in Asia or the US visit www.cboermc.com.
