Research: Two students receive awards from the Montréal Exchange

September 15, 2014

Two HEC Montréal students have been rewarded by the Montréal Exchange for their innovative research projects. They are Yaovi Gassesse Siliadin (PhD) and Florian Piermattei (MSc), who received awards of $20,000 and $15,000, respectively, under the Canadian Derivatives Exchange Scholars Program.

Yaovi Gassesse Siliadin received the postgraduate award for his research into the heterogeneity of credit rating categories and the credit spread puzzle. Florian Piermattei received the graduate award for his research into the introduction on the Canadian market of a volatility index on interest rate products. The two were selected on the basis of their leadership and initiative in academic and professional activities.

The Canadian Derivatives Exchange Scholars Program was launched in February 2012 as one of the financial education initiatives of the Montréal Exchange (MX). It was created to support finance students interested in derivatives and to strengthen the Exchange’s position as a centre of excellence in the Canadian derivatives market.