Title of the talk: Market Making, Machine Learning and Maths
Speaker: Dr Adrian Dudek (University of Queensland / Optiver)
Day, Date, and Time: Tuesday, 26th March 2024 at 5:15 PM to 6:15 PM
Venue: LC 101, Lecture Hall Complex, IIT Bombay
Abstract: Market making is an incredibly active area of finance underpinned by fascinating mathematics and cutting-edge technology. In this talk, I will discuss this world in more detail, focussing on the current and future role of maths and machine learning, along with the risks that one must manage. I will tell my own career story as I go, elucidating the techniques and methods that pushed me towards a successful career.
Bio: Dr Adrian Dudek has always had numbers on his brain. He grew up in Perth and completed a maths degree at UWA before a PhD in maths (prime number theory) at the Australian National University. He then worked as an options trader at Optiver in Sydney for five years. He traded options on index futures such as the Hang Seng and the Nikkei 225, infusing his ability to build useful mathematical models with his enjoyment for the activity of market making. These days he is Head of Academic Partnerships at Optiver, where he spends much of his time heading out to universities to talk about maths, trading, volatility and careers in industry. He is also an Adjunct Associate Professor at the University of Queensland where he continues his research in number theory.