3-7 July 2023
University of Zululand
Africa/Johannesburg timezone
The Proceedings of SAIP2023 Published: 20 December 2023

Physics in the financial markets

7 Jul 2023, 12:20
1h
University of Zululand

University of Zululand

Oral Presentation Track H - Plenaries Plenary 8

Speaker

Dr Anthonie Kotze

Description

What can a physicist do in the financial markets? I will discuss the plenty of opportunities to practise physics, mathematics and statistics and that one can survive and thrive. Physicists in the financial markets are named quants (quantitative analysts), rocket scientists and financial engineers.
An applied mathematician and two economists reshaped the financial markets in 1973. Two received the Nobel prize for economics in 1997. I will discuss the Black-Scholes-Merton equation and why it is so significant and necessary in our modern age of trading and hedging foreign exchange, equities and interest rates. Instruments like swaps, options, futures and credit default swaps are called derivatives and are traded daily at banks and stock exchanges around the globe. Global trade and investments cannot blossom without these instruments, and we will show you why.

Level for award;(Hons, MSc, PhD, N/A)?

N/A

Apply to be considered for a student ; award (Yes / No)? N/A
Consent on use of personal information: Abstract Submission Yes, I ACCEPT

Primary author

Dr Anthonie Kotze

Presentation Materials

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