Yonsei University Team Wins Korea Exchange University Student Securities and Derivatives Competition

A Study on Strategies to Revitalize Public Offering Funds Using Deep Learning

On the 19th, the Korea Exchange announced that among the 10 teams participating in the "16th National University Student Securities and Derivatives Competition," the MYPY team from Yonsei University won the grand prize. (Source: Provided by Korea Exchange)

[Asia Economy Reporter Gong Byung-sun] Yonsei University won the 2020 National University Student Securities and Derivatives Competition.

On the 19th, the Korea Exchange announced that the MYPY team from Yonsei University was selected as the grand prize winner of the "16th National University Student Securities and Derivatives Competition." The MYPY team researched fund cluster investment techniques as a method to revitalize public funds using deep learning. The grand prize-winning team receives a commendation from the Chairman of the Financial Services Commission along with a scholarship of 10 million KRW.

The Excellence Award was given to Yonsei University's Learning Machine team and Hanyang University's HYFE team. The Learning Machine team researched the prediction of management stocks using machine learning natural language processing. The HYFE team presented research results comparing hedge performance between KOSPI200 weekly options and underlying index options.

The Korea Exchange has held the competition annually since 2005 to provide university students with opportunities to understand the capital market. The competition is conducted by evaluating papers related to the securities and derivatives market submitted by teams consisting of four university students currently enrolled in domestic universities and one faculty advisor.

Cha Nam-gi, Head of Management Support at the Korea Exchange, said, "As the years go by, the research topics of the competition are becoming more diverse, and the analysis methods and levels are improving," adding, "We hope the competition will increase university students' interest and understanding of the capital market."

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