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Volatility Institute Launches at NYU Shanghai

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NYU Shanghai is celebrating the launch of the Volatility Institute at NYU Shanghai. The Volatility Institute at NYU Shanghai, located at the NYU Shanghai Pudong Academic Building in the heart of Liujiazui, Shanghai’s financial center, aims to create opportunities for research focused on both the Chinese financial markets and markets around the world.  It also seeks to facilitate collaboration and community-building among market participants and academic researchers within China and abroad, and to help improve global financial markets by providing timely financial information and analysis to academics, practitioners, regulators and policy makers through innovative technology platforms and services.
The Volatility Institute at NYU Shanghai  will operate in close partnership with and as an extension of the  Volatility Institute at New York University Stern School of Business, under the direction of Nobel Laureate and volatility expert Robert Engle, and with generous support from the Pudong Institute of Finance and NYU Shanghai. The Volatility Institute, created by Professor Robert Engle at New York University Stern School of Business in March 2009, has the over-arching mission to develop and disseminate cutting-edge research on risks in global financial markets and in financial econometrics that will ultimately contribute in a meaningful way to international financial policy.
One of the research tools of the Volatility Institute is the Volatility Lab (V-Lab), which provides real-time measurement, modeling and forecasting of financial volatility, correlations and risk for a wide spectrum of assets. V-Lab blends together both classic models, including Engle’s award-winning ARCH model, as well as some of the latest advances proposed in the financial econometrics literature. Its aim is to provide real-time evidence on market dynamics for researchers, regulators, and practitioners. The V-Lab currently runs 28900 analyses on 6053 datasets, producing a total of 63766 series each day.
Launch Day Highlights
  • Attend the launch of the Volatility Institute at NYU Shanghai (VINS) and participate in the forming of a groundbreaking mission and vision with financial and academic practitioners and institutions in China and beyond. 
  • Lively and enlightening panel discussions featuring China’s top market and academic participants on challenges and opportunities in the Chinese financial markets, particularly the need for strengthening risk monitoring, assessment, and effective mitigation.
  • A keynote presentation by Robert Engle, the Michael Armellino Professor of Finance at New York University Stern School of Business and recipient of the 2003 Nobel Prize in Economics, on the potential contributions of the Volatility Institute, including innovative tools that add depth to the study of risk in financial institutions and assets.
  • An opportunity for participants to gain unique insights into the future of the Chinese financial markets.