- S&P Dow Jones Indices to sponsor fundamental research that
explores price efficiency and liquidity in the fixed income index
ecosystem
- SpiderRock Advisors to sponsor fundamental research focused on
the impact of derivatives solutions for private wealth management
and institutional investors
CHICAGO and AUSTIN,
Texas, Oct. 19, 2023 /PRNewswire/ -- Cboe
Global Markets, Inc. (Cboe: CBOE), the world's leading derivatives
and securities exchange network, today announced S&P Dow Jones
Indices (S&P DJI) and SpiderRock Advisors as grant sponsors of
The Options Institute Research Grant
Program for 2023/2024. The announcement was made at Cboe's
global Risk Management Conference (RMC), currently taking place in
Austin, Texas.
The Options Institute Research Grant
Program helps support academic research focused on advancing
the understanding and adoption of derivatives products and
strategies. Grant recipients will receive access to Cboe historical
data sets to bolster their research efforts in one or more of the
following research areas:
- Derivatives Products and Markets Performance
- Exchange and Marketplace Structures
- Operations and Risk Management
- Decision Theory
Of particular interest this year are topics that explore
specific geographic and client segment opportunities and market
behaviors. Examples include:
- Fixed Income Index Ecosystem: Price Efficiency and Liquidity
Considerations
- Private Wealth and Institutional Investors: The Impact of
Derivatives Solutions on Performance Returns
- European Retail: Considerations for Exchange-Traded Derivatives
(ETDs) and Structured Products Allocation Decisions
- Market Structure: Factors Impacting European ETD Market
Growth
Cboe's education arm, The Options Institute, has been providing
best-in-class investor education on the responsible use of options
and trading strategies for more than 35 years. The Options
Institute Research Grant Program,
which welcomed its first class of research grant recipients earlier
this year, embodies Cboe's mission to operate an inclusive global
marketplace that helps all market participants better understand
financial products, market data and trading strategies.
"As markets continue to evolve, education remains a cornerstone
to growth and advancement in the global derivatives market," said
Gina DeRaimo, Head of The Options
Institute at Cboe. "Cboe has long acknowledged the important role
academic research has in furthering the development of innovative
products and strategies, and we are excited to work with S&P
DJI and SpiderRock Advisors for this year's grant program."
The Options Institute S&P Dow Jones Indices Fixed Income
Research Grant
S&P DJI is sponsoring a named research
grant focused on price efficiency and liquidity in the fixed income
index ecosystem. The award recipient may claim Cboe data sets
valued up to $35,000, subject to
applicable terms and regulatory approvals. The call for proposals
will open December 2023.
"S&P Dow Jones Indices is pleased to once again
collaborate with The Options Institute at Cboe to help support
academic research that deepens market participants' knowledge and
understanding of the fixed income marketplace. Fixed income indices
serve a crucial role in promoting transparency in fixed income
markets. As bond markets evolve and the methods of accessing them
create new opportunities for investors, we believe indices will
continue to provide trusted and reliable performance metrics and
support product creation across different market segments," said
Frans Scheepers, Head of Fixed
Income, Currency and Commodity Products at S&P Dow Jones
Indices.
The S&P DJI fixed income research grant follows this year's
Options Institute S&P DJI Dispersion Research Grant, which is
focused on exploring dispersion as an asset class. This research is
expected to complement the recent launch of the Cboe S&P
500 Dispersion Index, a new index designed to measure expected
dispersion in the S&P 500 jointly created by Cboe Labs, the
company's innovation arm, and S&P DJI.
The Options Institute SpiderRock Advisors Derivatives
Solutions Research Grant
SpiderRock Advisors is sponsoring a
named research grant focused on derivatives solutions within
private wealth management and institutional investors. The award
recipient may claim Cboe data sets valued up to $35,000, subject to applicable terms and
regulatory approvals. The call for proposals will open December 2023.
Research for The Options Institute SpiderRock Advisors Research
Grant should focus on one of the following topics:
- Incorporating listed options solutions as a "core allocation"
in order to expand the pre- and post- tax efficient frontier
- The after-tax efficiency of listed derivatives
- Volatility management as a behavioral finance alpha source for
private wealth management
- Capitalizing on volatility risk premia evident in various
equity indices and single securities through market cycles
"SpiderRock Advisors' collaboration with Cboe and The Options
Institute is to continue to expand on our educational content in
order that we deliver the highest value add to our clients.
Investing in our research is paramount to our future thought
leadership and roadmap," said Eric
Metz, President & Chief Investment Officer at SpiderRock
Advisors.
The application period for The Options Institute Research
Grant Program will run from
December 2023 through January 2024. Interested candidates may find
additional information on The Options Institute's website.
Hosted by Cboe and The Options Institute, the Cboe Risk
Management Conference (RMC) is an educational forum dedicated to
exploring the latest products, trading strategies and tactics used
to manage risk exposure and enhance yields. This year, global
leaders in the derivatives, ETF and digital asset markets are in
Austin, Texas sharing their latest
insights, research and real-market applications. Learn more about
this year's RMC at the conference website, and follow along
with #RMC23 on social media.
About Cboe Global Markets, Inc.
Cboe Global Markets (Cboe: CBOE), the world's leading
derivatives and securities exchange network, delivers cutting-edge
trading, clearing and investment solutions to people around the
world. Cboe provides trading solutions and products in multiple
asset classes, including equities, derivatives, FX, and digital
assets, across North America,
Europe and Asia Pacific. Above all, we are committed to
building a trusted, inclusive global marketplace that enables
people to pursue a sustainable financial future. To learn more
about the Exchange for the World Stage,
visit www.cboe.com.
Media
Contacts
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Kenneth Hill,
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+1-646-856-8734
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1-312-786-7559
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atu@cboe.com
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CBOE-C
CBOE-OE
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