Presenter: Jangkoo Kang
(Professor, KAIST Business School)
Subject: Individual Investors and Market Efficiency
in Derivatives Markets
(The KOSPI 200 Index Option Market Case)

Discussions, and Q&A
Moderator: Jae Ha Lee
(Professor, Sungkyunkwan University)

Discussions: Young Ho Eom (Professor, Yonsei University)
Jae Ho Lee (Korea Exchange: KRX)
Hyo seob Lee (Korea Capital Market Institute: KCMI)

Keynote Speech, Greetings and Dinnerr
Welcoming Remarks: Sang Gyung Jun
(Hanyang University, President of KDA)
Congratulatory Message: Kiwon Kang
(President of Derivatives Market Division, KRX)
Keynote Speech: In Joon Kim (Professor, Yonsei University)
Subject: Fact and Fallacy of Dynamic Hedging Strategies