Korea Exchange Awards 10th KRX Securities and Derivatives Outstanding Paper Prize View original image

[Asia Economy Reporter Minwoo Lee] The paper titled 'Estimation and Analysis of Korean Won Risk-Free Rate Using Overnight Index Swap (OIS)' received the '10th Securities and Derivatives Excellent Paper Award' conducted by the Korea Exchange.


The Korea Exchange announced the selection results on the 14th after reviewing papers submitted to the Securities and Derivatives Academic Research Support Project. This paper award has been held annually since 2010 to encourage research on the sound development and sustainable growth of the securities and derivatives market.


The Excellence Award was given to "Estimation and Analysis of Korean Won Risk-Free Rate Using OIS" (Taegu Kim from Nomura Financial Investment, Professor Junhyuk Song from Hankuk University of Foreign Studies). The Encouragement Awards were given to "Hedging Strategies at the Portfolio Level for Equity-Linked Structured Products" (Professor Youngsoo Choi from Hankuk University of Foreign Studies, Woonchang Lee from Hi Investment & Securities) and "A Study on Safe Assets and Portfolio Performance" (Myunghoon Yeom from Kiwoom Securities, Jooyoung Yoon from Mirae Asset Global Investments, Professor Jihoon Kim from Yonsei University). The Excellence Award carries a prize of 5 million KRW, and the Encouragement Awards carry prizes of 3 million KRW each.



The Korea Exchange stated, "We plan to actively utilize the contents of the excellent papers for new product development and efficient institutional improvements," and added, "To encourage active participation and research motivation among experts in the Academic Research Support Project and to enhance the qualitative level of research results, we will further promote and encourage participation in the Academic Research Support Project."


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