The mission of the DRP is to support theoretical and applied research on derivative instruments and markets, risk management and financial engineering, and to promote interaction between academics and practitioners in these important and rapidly growing areas. The DRP holds regular conferences and smaller meetings, sponsors fundamental research, provides support in a variety of ways to those engaged in derivatives research in the NYU community, and in general, promotes activities that advance the mutual interests of researchers in derivatives and risk management in academia and on "the Street."