Seminar 217, Risk Management: Leveraging Herd Behavior in Foreign Exchange Markets
Risk Seminar
Jan 31, 2017, 11:00 AM - 01:00 PM | 639 Evans Hall | Happening As Scheduled
Speaker: Arnav Sheth, Saint Mary's College of California (Speaker - Featured)
Abstract: We examine the relationship between equity and foreign exchange markets at, and around, the WM/Reuters benchmark exchange rate known as the the `Fix'. Execution at the Fix is a service offered by brokers (normally banks) provided they obtain the trade order until a certain time prior to 4pm GMT (11 am Eastern Time).