Correlation Trading and Risk Management

The programme aims to provide a sound understanding of the up-to-date practical realities of trading and risk managing correlation, especially equity and equity/forex.

The course will draw heavily from recent markets case studies, and the real practices used at large financial companies, highlighting the weaknesses and pitfalls where needed.

During the Excel based workshops delegates will have access to proprietary state-of-the-art professional software for exotic and multi-underlying pricing, thus gaining an understanding of multifactor pricing models and higher order exotic effects on risk exposures.

Alberto Cherubini was Head of Equity Derivatives Exotic Trading at Citigroup, London, and as such he is among the handful of people across the globe with the unique experience of running a wholesale structured book during the severe market crisis of 2008.

In his career he has traded most financial instruments, worked as a senior quant, a researcher in Nuclear Fusion (at JET Joint Undertaking), developed software in areas ranging from computational physics to industrial automation and neural networks, and received a PhD in Physics from Bologna University.

Cherubini is currently the principal consultant at EQ Finance, which he started in 2009, and teaches equity derivatives on the Masters in Mathematical Finance at the University of Bologna