Networks of financial derivatives and systemic risk – Research Plenary Session @ FINEXUS Conference

Time and Venue: Fri, 19 Jan 2018, 10:10 – 11:10. Aula KOL-G-201, Univ. of Zurich
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Summary. The session examines the relation between interconnectedness and systemic risk in the context of financial derivative contracts. Indeed, interconnectedness is particularly interesting and poorly understood in the context of derivative contracts. On the one hand, amplification of shocks can be larger than in the normal case, because of non-linearity in the payoffs of derivative contracts. On the other hand, basic properties such as clearing of the market may cease to hold, as found in the context of network of CDS contracts.

Panelclick here for speaker biographies:

Tuomas Peltonen (Deputy Head, European Systemic Risk Board)
Stefan Avdjiev (Senior Economist, Bank for International Settlements)
Inaki Aldasoro (Economist, Bank for International Settlements)
Steffen Schuldenzucker (PhD Student, UZH)
Olga Briukhova (PhD Student, UZH)

The SIMPOL Project is currently funded by the H2020 European grant DOLFINS (no. 640772) in the Global Systems Science area of the Future Emerging Technologies program.