27 September 2012, Singapore, Frankfurt - On 27 September 2012, the international derivatives market place, Eurex Exchange, signed a cooperation agreement with the Singapore Management University (SMU), Singapore’s first public-funded autonomous university. Both partners will cooperate in the area of financial market education and research to increase the understanding and knowledge of the financial markets in Asia and Europe.
Eurex and its mother company, Deutsche Börse AG, have already established links and cooperation with a variety of well-known Asian universities, e.g. CUHK (Chinese University Hong Kong), SAIF (Shanghai Advanced Institute of Finance) and NTU (National Taiwan University).
Through this new initiative, Eurex will support the simulated trading lab of the Quantitative Finance Group in SMU with market data for teaching and research. Eurex experts will also hold lectures as guest speakers and Eurex’s products and real-time market data will be offered for teaching purposes. In addition, both Eurex and SMU intend to jointly issue research papers on industry-related topics.
“We are excited and honored to be Eurex Exchange’s first university partner in Southeast Asia. Access to high-quality market data in real-time will definitely enhance the value proposition that we provide to all students of the SMU Master of Science in Quantitative Finance programme, which SMU jointly offers with Cass Business School of the City University London. The streaming of Eurex market data through CQG, a trading software used by professional traders, will surely enrich the learning experience,” said Professor Francis Koh, Deputy Dean of the SMU Lee Kong Chian School of Business.
“This new cooperation is a further important element of our Training & Education Initiative in Asia. We believe that it is essential to invest into education and to share information with Asia-based investors about the European markets and products, trading strategies and trends”, added Roland Schwinn, Head of Business Development Asia & Middle East, Eurex.
About Eurex Exchange
Eurex Exchange is one of the world’s leading derivatives exchanges, serving a growing global distribution network. It offers more than 1,700 products covering all major as well as alternative asset classes. Our marketplace – based on innovative IT infrastructure – is gateway to the most heavily traded euro-denominated equity index and fixed-income derivatives.
As part of Eurex Group, we provide access to a global liquidity network with daily trading volumes exceeding 10 million contracts together with the International Securities Exchange (ISE) and the European Energy Exchange (EEX). Eurex Exchange uses Eurex Clearing, one of the leading central counterparties globally.
Find out more at www.eurexchange.com
Eurex Group is comprised of Eurex Exchange, the International Securities Exchange (ISE), the European Energy Exchange (EEX), Eurex Clearing, Eurex Bonds and Eurex Repo. Eurex Group is owned by Deutsche Börse AG (Xetra: DB1).
Asian activities
Futures and options on EUR-denominated government bonds (Bund, Bobl, Schatz) and derivatives on the European benchmark indexes DAX® and EURO STOXX 50® are important parts of our customers portfolios in Asia Pacific. Eurex branch and representative offices have been established in Hong Kong, Singapore and Tokyo.
Through partnerships with the Singapore Exchange, the Bombay Stock Exchange, the Korea Exchange (KRX) and the Tokyo Financial Exchange, we aim to create mutually beneficial product co-operations and services for market participants. The link between Eurex and the Korean exchange KRX for example, provides customers with the opportunity to trade and clear KOSPI 200 Options after Korean trading hours.
About SMU Master of Science in Quantitative Finance
The Singapore Management University and the City University London jointly offer the Master of Science in Quantitative Finance by coursework. The 12-month, full-time programme caters to the need identified by the Monetary Authority of Singapore (MAS) - to groom a critical mass of specialists in quantitative finance, which is the objective underlying the second phase of MAS' Finance Scholarship Programme.
Launched in August 2012, the programme provides a pathway to equip students with the knowledge to tame the risk while staying on top of the game. This programme offers students a unique learning journey in the realm of stochastic processes, Ito's calculus, risk analytics, pricing & hedging, and quant trading. Courses are conducted in SMU's Lee Kong Chian School of Business and the Cass Business School of the City University London. Both business schools are situated right in the heart of Singapore and London, where the financial districts are buzzing with opportunities and where a new generation of quant professionals is needed to make a difference in the financial industry. Upon successful completion of the programme, students receive a master degree in quantitative finance awarded jointly by SMU and the Cass Business School.
For more information: http://smu.edu.sg/programmes/postgraduate/mscqf
Jointly issued by Eurex Exchange and Singapore Management University