Vanderbilt Owen profs again eye NASDAQ trading

Owen Profs. Jacob Sagi and Robert Whaley created new Alpha Indexes derivative products that help investors cope with market volatility and price swings in highly liquid stocks or exchange traded funds. The Nasdaq release is here. Both men are at Owen's Financial Markets Research Center, where faculty have periodically influenced the markets' innovation, led by Director Hans Stoll. (The FMRC convenes a conference on human capital and finance, today at VU.)