Thursday, August 21
12:00 ~ Registration (Sandwitches and Coffee served)
13:00 ~ 14:30 Academic Sessions
21-01 Derivatives Market (Ballroom C)
21-02 Volatility (Azalea-Lilac Room)
21-03 Risk Management (Camellia Room)
14:40 ~ 16:10 Academic Sessions
21-04 Pricing and Predictability (Ballroom C)
21-05 Trading Mechanism (Azalea-Lilac Room)
21-06 Trading and Distribution (Camellia Room)
16:20 ~ 17:20 Symposium (Grand Ballroom)
Opening Remarks: Changhyun Yun
(President, Korea Institute of Finance)

Moderator : Dr. Jae Ha Lee (Professor, Sungkyunkwan University)
Presenter : Dr. Jangkoo Kang (Professor, KAIST Business School)
“Individual Investors and Market Efficiency in Derivatives Markets
(The KOSPI 200 Index Option Market Case)”
Discussions : Dr. Young Ho Eom (Professor, Yonsei University)
Dr. Jae Ho Lee (Korea Exchange : KRX)
Dr. Hyo seob Lee
(Korea Capital Market Institute : KCMI)
17:30 ~ 20:00 Keynote Speech, Greetings and Dinner
(Grand Ballroom)
Welcoming Remarks : Dr. Sang Gyung Jun
(Hanyang University, President of KDA)
Congratulatory Message : Mr. Kiwon Kang
(President of Derivatives Market Division, KRX)
Keynote Speech : Dr. In Joon Kim (Professor, Yonsei University)
Subject : Fact and Fallacy of Dynamic Hedging Strategies
Best paper Award : Editorial board & Robert Webb

Friday, August 22
08:00 ~ 09:00 Breakfast
09:00 ~ 10:30 Academic Sessions
22-01 Anomalies (Ballroom C)
22-02 Event and Financial Stability (Azalea-Lilac Room)
22-03 Diversification and Risks (Camellia Room)
10:40 ~ 12:10 Academic Sessions
22-04 Information and Credit (Ballroom C)
22-05 Derivatives and Corporate Finance
(Azalea-Lilac Room)
22-06 Financial Econometrics (Camellia Room)