Faculty News
—
Professor Menachem Brenner's joint research on volatility in financial markets is featured
—
![Financial Times logo Financial Times logo](/sites/default/files/styles/192w_x_144h/public/assets/images/uat_025699.jpg?h=cd55d432&itok=uJaKbjrl)
Excerpt from the Financial Times -- "In the 1980s, Menachem Brenner and Dan Galai published a series of papers that created an actual index of stock-market volatility based on options, which they called 'Sigma'. They pitched the idea to various exchanges but at the time no one wanted to turn it into a live volatility benchmark."
Faculty News
—
![Financial Times logo Financial Times logo](/sites/default/files/styles/192w_x_144h/public/assets/images/uat_025699.jpg?h=cd55d432&itok=uJaKbjrl)
Excerpt from the Financial Times -- "In the 1980s, Menachem Brenner and Dan Galai published a series of papers that created an actual index of stock-market volatility based on options, which they called 'Sigma'. They pitched the idea to various exchanges but at the time no one wanted to turn it into a live volatility benchmark."