PhD defence: Søren Bundgaard Brøgger

In order to obtain the PhD degree, Søren Bundgaard Brøgger has submitted his thesis entitled: Essays on Modern Derivatives Markets

 
Friday, January 29, 2021 - 15:00 to 17:00

I investigate the feedback effects that can arise when hedging flows from derivatives markets are large relative to the underlying market. I find that flows are efficiently absorbed when the underlying market is liquid (first chapter), but can distort the dynamics of the underlying asset(s) if not (second chapter). In the final chapter (with Jesper Andreasen), we show what happens to the value of cash if the zero lower bound on nominal rates is removed.

Primary Supervisor:
David Lando
Department of Finance
Copenhagen Business School

Secondary Supervisor:
Assistant Professor Fabrice Tourre
Department of Finance
Copenhagen Business School

Assessment Committee:
Professor Anders Bjerre Trolle (Chair)
Department of Finance
Copenhagen Business School

Associate Professor Katya Malinova
Finance and Business Economics
DeGroote School of Business, McMaster University

Professor Angelo Ranaldo
Swiss Institute of Banking & Finance
University of St. Gallen

Thesis:
The thesis will be available from research.cbs.dk


*Please note in connection with the online defence that the microphone and camera of all spectators must be turned off!

Organised by CBS PhD School
Date 29 January 2021
Time 15:00 – 17:00
Location Click here to take part in the defence

 

The page was last edited by: Sekretariat for Ledelse og Kommunikation // 01/27/2021