—————————————————————————————————————————–
September 14, 2010 – Tuesday, 5:30pm – 7:15pm Financial Innovation and the Future of Risk
TUESDAY, SEPTEMBER 14, 2010
CORPORATE PROGRAM
ANNUAL CME GROUP LECTURE ON GLOBAL FINANCIAL MARKETS
FINANCIAL INNOVATION AND THE FUTURE OF RISK

Robert C. Merton, Nobel Prize-winning economist and MIT Sloan School of Management Distinguished Professor of Finance
In the aftermath of the financial crisis, governments, financial institutions, and central banks across the world have examined the root causes of the financial meltdown. Some observers have cited financial innovation as a factor in the housing market bubble and subsequent crash that contributed to the crisis. Others have argued that over the last four decades, financial innovation has driven the global financial system toward greater efficiency, and generated significant economic benefit in the process. Federal Reserve Chairman Ben Bernanke has emphasized risk mitigation and awareness, stating that it would be unwise to stop financial innovation. What is the role of financial innovation and how can it preserve the integrity of the marketplace?
Join us on September 14th, when we host Nobel Prize-winning economist Robert C. Merton, who will deliver the inaugural CME Group Lecture on Global Financial Markets. Dr. Merton will talk on “Financial Innovation and the Future of Risk.” Dr. Merton will offer observations on structural issues contributing to the financial crisis, discuss the role of financial innovation as an engine for global economic growth, examine whether or not financial innovation increases the risk of a crisis, and reflect on the Dodd-Frank Wall Street Reform and Consumer Protection Act.
Robert C. Merton is an internationally renowned economist, financial innovator, and recipient of the Nobel Memorial Prize in Economic Sciences in 1997 for his work on a new method to determine the value of derivatives. He is currently the MIT Sloan School of Management Distinguished Professor of Finance.
The Annual CME Group Lecture on Global Financial Markets was established to promote understanding of the role of markets in the aftermath of the financial crisis.
University Club of Chicago
76 East Monroe Street
Chicago, IL 60603
Business attire is required.
5:30 p.m. Cash bar reception
6:00 p.m. Lecture and discussion
7:15 p.m. Adjournment
Individuals $10
President’s Circle, Corporate Members, Young Professionals, and Student Members complimentary
For registration, visit the event page.
—————————————————————————————————————————–
June 12, 2010 – Saturday, 2:00pm – 4:00pm Floor Trading, Manual Trading and Program Trading
Chicago Trading Club will host a seminar: “Floor Trading, Manual Trading and Program Trading”.
Location: McCormick Tribune Campus Center, Ballroom, IIT main campus, 3201 South State St, Chicago, IL 60616
Agenda:
1:30 – 2:00pm, Registration and networking
2:00 – 2:35pm, “Floor Trading”, by Nan Zhu
In this session, Mr. Zhu will give a general introduction to floor trading – the original and still prevailing way traders trade. His talk will cover the history, floor structure, participants, transaction process, discussion of merits and drawbacks as well as the future of floor trading.
2:35 – 3:10pm, “Trader Psychology ”, by Bruce Mao
In this session, Mr. Mao will mainly focus on an ultra-important but often omitted part of trading – trader psychology. His talk will first give a brief introduction to manual trading, then go in depth analyzing the interaction between human nature and trading, the psychological qualities a trader must have and general trading disciplines.
3:10 – 3:25pm, Break
3:25 – 4:00pm, “Introduction to Program Trading”, by Mike Ouyang
In this session, Mr. Ouyang will introduce the new frontier of trading –program or algorithmic trading. His talk will introduce the origin and development of program trading, major categories of program trading algorithms, merits and drawbacks of these programs. He will also discuss causes and role of program trading associated with the May 6th markets crash.
About the speakers:
Mr. Nan Zhu is a floor trader in MYJ Trading. His main trading markets are Eurodollar options and Eurodollar futures.
Mr. Bruce Mao is a trader and Co-Director of the XM Trading Group in HTG Capital Partners. His main trading markets are equity index futures.
Mr. Mike Ouyang is a senior developer in Citadel. His work focuses on trading strategy design and implementation.
Other information:
Type: Open to CTC members, IIT Students and members of other Chinese Organizations
Attire: no requirement
Fee: $15
Parking: nearby street parking (along Michigan Ave.) and campus guest parking available (map attached). See http://www.iit.edu/~parking/visitor.html for details:
Food/drink: beverages will be prepared
Contact: If you plan to attend, please reply to ChineseTradingClub@gmail.com.
—————————————————————————————————————————–
May 17, 2010 – Monday, 3:30pm – 5:00pm Global Focus: Building BRICS Part I – China
China continues to be the world’s fastest growing economy. Rising per capita income combined with its traditional export driven growth suggests that investors should continue to factor the China phenomenon into portfolio strategies. But threats loom as well. The politics of protectionism are always rumbling in the background and China’s own internal imbalances add uncertainty to the sustainability of its remarkable rise. Join us as we examine (1) the macro case for China as an investment opportunity and (2) specific ways the investor can include exposure to the China effect in a diversified portfolio.
Moderator:
Karim Pakravan, Visiting Associate Professor of Finance, DePaul University
Panelists:
John L. Rogers, Founder and Former President, Midwest US-China Association
Robert Gernstetter, Founder and Director, Mastholm Asset Management,
More: Drinks and Networking 5:00-5:30 PM
Location: 1 E. Jackson, DePaul Center, Room 8005, Chicago, IL
The event is free of charge but space is limited; Register at cfs@depaul.edu
—————————————————————————————————————————–
May 15, 2010 – Saturday, 8:30am China and the Future of the Global Economy (中国和世界经济的未来)
“China and the Future of the Global Economy” (中国和世界经济的未来) will be the second China Conference planned and hosted by the Chicago Society, a premiere event-hosting student organization at the University of Chicago, and co-hosted by Culture and Career Club and Moneythink.
Agendas include Keynote Speech featuring Justin Lin(林毅夫), Chief Economist of World Bank, and Discussion Panels attended by noteworthy speakers from the academic world, the political sphere as well as industry professionals.
Location: International House, Assembly Hall, University of Chicago, 1414 East 59th Street, Chicago, Illinois 60637 USA
For detailed agenda, registration and general information, please visit www.globalchinaconference.org/.
—————————————————————————————————————————–
May 15, 2010 – Saturday, 7:30pm-9:00pm Prospect of China Capital Market
The Greater China Club of the Booth School of Business will host the next GCC Speaker Event Featuring Dr. Bin Qi, Director-in-General of Research Center for China Securities Regulatory Commission. Dr. Qi will share his prospects of capital market in China .
Dr. Bin Qi is the Director-in-General of Research Center , the think-tank of the China Securities Regulatory Commission (CSRC). Prior to his current position, Dr. Qi was a Deputy Director of the Fund Supervision Department of CSRC for five years, supervising mutual fund industry and QFII’s in Chinese capital market. Dr. Qi joined CSRC in 2000 as a member of its Strategy and Planning Committee. Before joining CSRC in 2000, Dr. Qi was a partner of a New York-based venture capital firm. Prior to that, Dr. Qi worked with Goldman Sachs Asset Management and Paribas Capital Market in New York and London.
Dr. Qi holds a Ph.D. in Economics from Tsinghua University, an MBA from the University of Chicago and an MS in Biophysics from the University of Rochester . In 2005, Dr. Qi translated “The Great Game, The Emergence of Wall Street as a World Power,” into Chinese, which became a best-seller in China and has been reprinted more than 20 times since then. In 2007, Dr. Qi led a team of CSRC and The World Bank and drafted China Capital Markets Development Report, the first of the sort, which provides a comprehensive review of the history of Chinese Capital Markets and full analysis of the challenges of the market, and development strategies for the years to come (till 2020).
DATE: May 15th Saturday
TIME: 7:30 pm – 9:00 pm
Location: Harper Center Room C25, 5807 South Woodlawn Avenue, Chicago , IL
—————————————————————————————————————————–
May 12, 2010 – Wednesday, 5:00pm AAAIM, TMC and CAF Networking Event
The Association of Asian American Investment Managers (AAAIM), The Marathon Club (TMC), and BAML Capital Access Funds (CAF) are partnering to host a premier networking event for investment managers, middle market entrepreneurs, senior corporate level executives, and professional service providers. AAAIM, TMC, and CAF are collaborating to build bridges, facilitate greater deal flow and highlight the talent and innovation resident within the U.S. Emerging Domestic Market.
Location: Bank of America, 135 South LaSalle Street, 43rd Floor, Chicago, IL 60603
Space will be limited. To register, please visit event webpage and RSVP by May 7, 2010.
—————————————————————————————————————————–
April 20, 2010 – Thursday, 11:00am The 58th Annual Management Conference 2010
On Thursday, April 29th, 2010, the Booth School of Business of the University of Chicago will host one of the year’s most anticipated events in finance and economics – the 58th Annual Management Conference, at Navy Pier in Chicago.
Agendas include Keynote Panel Presentation, Breakout Sessions, and a special forum featuring Professor Eugene Fama, Dean Edward Snyder and David Booth, Chairman and CEO of Dimensional Fund Advisors.
For detailed agenda, registration and general information, please visit Chicago Booth Management Conference 2010.
—————————————————————————————————————————–
November 20 , 2009 – Friday, 4:00pm Quantitative Finance on Fridays Seminar Series
“The Puzzle of Index Option Returns” by George M. Constantinides, Leo Melamed Professor of Finance at the University of Chicago Booth School of Business — Sponsored by International Center for Futures and Derivatives at the University of Illinois at Chicago and Center for Financial Mathematics at the University of Chicago.
Location: Chicago Mercantile Exchange, 20 South Wacker Drive.
Agenda: 3:30pm Check-in, 4:00pm Seminar Starts
—————————————————————————————————————————–
October 10, 2009 – The Association of Chinese-American Scientists and Engineers (ACSE) will hold its 17th annual conference in Rolling Meadows, Illinois, USA.
The theme of this year’s conference is “US-China Cooperation for Global Economy Recovery” . The conference consists of general session in the morning, three breakout sessions in the afternoon and a job fair in between. Top ranking government officials and corporate executives from both US and China will attend the conference and give speeches. It’s anticipated this event will be a golden opportunity to learn how to deal with economic crisis for both individual and business. Seats are limited, please register at www.acse.org now. Please also view the Chinese version of the event invite here.
—————————————————————————————————————————–
September 14, 2009, Monday U.S. – China Economic and Trade Cooperation Forum - organized by The China Council for the Promotion of International Trade (CCPIT) and The U.S.-China Chamber of Commerce (USCCC)
The global economic crisis has left no country and no market untouched. The crisis is seriously impacting global economic growth and the livelihood of citizens across the world. The United States and China, as two of the world’s largest economies, have a special role to play in advancing global growth and promoting confidence in markets.
The China Council for the Promotion of International Trade (CCPIT), together with the U.S.-China Chamber of Commerce (USCCC), will organize a day-long forum in downtown Chicago to advance understanding in both business communities of the opportunities and challenges stemming from the crisis. The 1st U.S.-China Economic and Trade Cooperation Forum will explore critical bilateral trade and investment topics and complement ongoing efforts by the two governments to promote common solutions to global challenges and strengthen relations.
Please see the detailed agenda and registration info here.
—————————————————————————————————————————–
July 18, 2009, Saturday “Entrepreneurship and Career Development” Seminar Organized by The Culture and Career Club (CCC) Chicago Chapter
Speaker: David Qu, President and Chief Operating Officer, CellTrak Technologies Inc.
David has 15+ years experience in operating and growing companies in the sectors of Healthcare, Information Technology, Enterprise Software, Software As A Service (SaaS) and ASP business. His talk includes :
- A SWOT Analysis of Chinese IT Professionals
- Path to Career Success
- Entrepreneurship
- One Special Path
- Avoid Common Mistakes
- Next Step – If you are about to graduate
- Next Step – If you are in workforce for 5 years
Time & Location:
07/18/2009, Saturday, 10:30am-1:30pm 10 W 31st St, Chicago IL 60616,
IIT Stuart Building, Room 104
Login to Event Site and Click on the button at the bottom of the event page to Register
Login Note: CCC members use username of “first letter of your first name + your last name”, and password of “temptemp”. Click on “Myself as a member”; Non members use username of “chicagoguest”, and password of “temptemp”. Click on ” Guest without membership”.
—————————————————————————————————————————–
Managing U.S.-China Economic and Trade Relations: Thoughts for the Years Ahead
Ambassador Carla Anderson Hills, Chairman and Chief Executive Officer, Hills & Company, and Former United States Trade Representative
When United States President Barack Obama met with Chinese President Hu Jintao in early April ahead of the G20 summit, the two leaders agreed to convene the first meeting of the new “China-U.S. Strategic and Economic Dialogue” in Washington this summer. This dialogue, which will include topics beyond economics and marks an expansion of the previous dialogue under the Bush administration, is a key signal of the deepening of the U.S.-China relationship. As both countries continue to manage the global economic downturn, the United States finds China funding much of its deficit, while China looks to stimulate domestic consumption in response to lower U.S. and global demand for exports. In short, the two countries are inextricably tied, and leaders of both countries must work to successfully navigate the relationship. At this inaugural Dr. Scholl Foundation Lecture on U.S.-China Relations, Ambassador Carla Hills will offer her thoughts for the years ahead.
This initiative, made possible by the Dr. Scholl Foundation, seeks to bring to Chicago one high-level, well respected American or Chinese policymaker, government official or thought leader to deliver a major public lecture on key foreign policy issues facing U.S.-China relations.
160 East Pearson Street
Chicago, IL 60611
6:00 p.m. Remarks and Q&A
7:15 p.m. Adjournment
Nonmembers $20
President’s Circle, Corporate Members, and Student Members complimentary
David Shu
Senior Manager, Protiviti Inc., Chicago
Consulting Type: Financial Risk and Strategy
Management
Formerly First Vice President of ABN AMRO, Chicago
Education:
MBA in Finance, BA in Economics and Mathematics, Colorado College
Joseph Zhou
Project Manager, Capgemini
Division: Business Intelligence West Region
Consulting Type: IT Strategy and Implementation
Served as Capgemini on-campus recruiter at UIUC, IIT and UIC
Topics:
1. Benefits of consulting as a career
2. Consulting as a life-style
3. Interview tips for consulting (general)
4. My thoughts on career path advancement
Please click here for more event details and registration.
China-U.S. Relations in the New Era
His Excellency Zhou Wenzhong, Ambassador of the People’s Republic of China to the United States
Mr. Zhou has served in various other Ambassadorial positions of note including to the Commonwealth of Australia, Barbados, and to Antigua and Barbuda. In the United States, he served as Consul General of the People’s Republic of China in Los Angeles, and Deputy Consul General of the People’s Republic of China in San Francisco. His career began in 1970 at the Beijing Diplomatic Service.
His Excellency Zhou Wenzhong currently serves as Ambassador of the People’s Republic of China to the United States. Prior to his appointment in 2005, he served the Ministry of Foreign Affairs as Vice Minister.
12:00 p.m. Registration and Networking Reception
12:30 p.m. Luncheon and Keynote Address
2:00 p.m. Adjournment
Members $45
Nonmembers $55
—————————————————————————————————————————————
May 8, 2009 Quantitative Finance on Fridays Seminar Series
“Fragile Beliefs and the Price of Uncertainty” by Lars Hansen, the Homer J. Livingston Distinguished Service Professor at the University of Chicago — Sponsored by International Center for Futures and Derivatives at the University of Illinois at Chicago and Center for Financial Mathematics at the University of Chicago.
Location: Chicago Mercantile Exchange, 20 South Wacker Drive.
Agenda: 3:30pm Check-in, 4:00pm Seminar Starts
—————————————————————————————————————————————
His Excellency Chen Deming, Minister of Commerce, People’s Republic of China
Defining the U.S.-China Economic Relationship
His Excellency Chen Deming was appointed Minister of Commerce in December 2007; he is also an alternate member of the 17th Chinese Communist Party (CCP) Central Committee. Previously, he was Vice Chair of the National Development and Reform Commission, responsible for several key portfolios such as energy, planning, and economic reform.
In February 2005, Dr. Chen assumed the role of Governor of Shaanxi province, an inland province with abundant coal resources. He also served as Vice Governor and Assistant Party Secretary of Shaanxi.
Through the late 1980s and 1990s, he held a variety of leadership positions in the Jiangsu Province and in the City of Suzhou, including Secretary General of the General Office of the Jiangsu Provincial Government, Mayor of Suzhou, and Party Secretary and head of the successful Suzhou Industrial Park.
The Fairmont Hotel
200 North Columbus Drive
Chicago, IL 60601
12:00 p.m. Registration and Security Check-In
12:30 p.m. Luncheon and Keynote Address
2:00 p.m. Adjournment
Members $75
Nonmembers $85
—————————————————————————————————————————————
April 24-25th, 2009 First Annual R/Finance Conference for Applied Finance Using R
The first annual R/Finance conference for applied finance using R, the premier free software system for statistical computation and graphics, will be held in Chicago, IL on Friday April 24 and Saturday April 25. The two day conference will cover topics including portfolio management, time series analysis, advanced risk tools, high-performance computing and econometrics. All will be discussed within the context of using R as a primary tool for financial risk management and trading.
Please see the link here for more details of the conference and event registration.
