News and Events

David Mordecai, President of Risk Economics, participated in an IAFE Investor Risk Committee Event on Liquidity Risk and the State of the Market

David Mordecai, President of Risk Economics, served as moderator for the International Association of Financial Engineers (IAFE) Liquidity Risk Committee panel discussion on Liquidity Risk and the State of the Market: A Discussion of the Role of Market Externalities, Path-Dependence, and State-Dependence on Asset and Funding Liquidity.  The panelists were Sanford Grossman, Chairman Quantitative Financial Strategies, Inc., Steve Ross, Franco Modigliani Professor of Finance and Economics, MIT & IAFE Senior Fellow, and Myron Scholes, Chairman, Oak Hill Platinum Partners & IAFE Senior Fellow.

Liquidity risk has become recognized to be among the most complex and pernicious risks facing financial markets and institutions in terms of their function and stability. Liquidity risk is now being studied by academics, practitioners and policymakers as the primary cause of anecdotal phenomenon deemed asset bubbles, financial contagion and market crashes. Furthermore, liquidity risk also undermines price efficiency, and influences complex market behaviors such as strategic and predatory trading. This inaugural forum of leading minds within financial economics discussed the fundamental questions and issues underlying liquidity risk.

The Liquidity Risk Commitee (LRC) of the International Association of Financial Engineers attempts to bridge the gap between different concepts of liquidity by organizing and sponsoring forums for discourse among academics, practitioners, and policy makers, and to promote the cultivation and dissemination of applied research relating to all aspects of liquidity risk that affect the stability and function of financial markets and institutions. The LRC is comprised of academics, practitioners, and policymakers involved in researching liquidity risk and its effects on market stability within the context of diverse institutional and industry settings, and in relationship to public policy.

The event was co-sponsored by Bloomberg, the International Securities Exchange and Pacific Alternative Asset Management Company, and held on February 23rd 2006, at Bloomberg headquarters in New York, NY.

David K.A. Mordecai is President and co-founder of Risk Economics, Inc., a New York City based advisory firm. Risk Economics® specializes in the application of computational economics to the proprietary development and scalable implementation of robust modeling and data analytic frameworks for valuation, strategic and systemic risk analysis, and dynamic asset-liability management.

February 24th 2006, New York NY.

News and Events

David Mordecai participated in FinTech Innovation Lab 2017 Demo Day

David Mordecai, participated in Demo Day 2917 for FinTech Innovation Lab (FTIL) on June 22nd 2017, as Scientist-in-Resident for FTIL. […]

Samantha Kappagoda was invited to speak on a panel for the Council for Economic Education

Samantha Kappagoda, Chief Economist of Risk Economics, was invited to speak on a panel sponsored by the Council for Economic […]

David Mordecai was invited to speak at the American Association of State Compensation Insurance Funds (AASCIF) Mid-Year CEO Conference

David Mordecai, President of Risk Economics Inc. was invited to speak at the American Association of State Compensation Insurance Funds […]

Samantha Kappagoda was a speaker on the Economics of Financial Decision Making

Samantha Kappagoda, Chief Economist and co-founder of Risk Economics was invited to speak on a panel jointly sponsored by 100 […]

David K.A. Mordecai was a Speaker on Big Data Management at RAA Cat Risk Management 2015

David K.A. Mordecai was an invited speaker at Cat Risk Management 2015, the Annual Conference of the Reinsurance Association of […]

More »