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Risk Management Lessons from the MF Global Collapse 22 October, 2012 - Edmonton, Canada
The collapse of MF Global uncovered many issues unforeseen by its customers and the investment community. Customers and industry participants were caught off-guard when the company filed for bankruptcy in October 2011. How did this happen?

This presentation, by Hilary F. Till, Research Associate, EDHEC-Risk Institute and Principal, Premia Risk Consultancy, Inc. (Chicago), will provide a narrative of the events leading up to the collapse and its aftermath.

Part I of this presentation will provide an overall narrative of events and will conclude with lessons learned thus far. Part II of the presentation will give an in-depth analysis of the events leading up to the collapse of MF Global and several aspects of its ad hoc aftermath, including:
  • The Warning Signs in 2007 and 2008
  • The Warning Signs in 2010 and 2011
  • The Exact Nature of Futures Customer Protections in U.S. Futures Markets
  • The Final Week of MF Global
  • The Ad Hoc Aftermath
Attendees will also learn about the current ambiguities in customer protections for futures customers along with the reforms that are being proposed to address these ambiguities.

About the speaker:

Hilary Till is a co-founder of Chicago-based Premia Capital Management, LLC, a proprietary trading and research firm. She is also a principal of Premia Risk Consultancy, Inc.

In addition, Ms. Till is the co-editor of the Risk Books bestseller, Intelligent Commodity Investing.

Before co-founding Premia Capital, Ms. Till was the Chief of Derivatives Strategies at Putnam Investments, and prior to this position was a quantitative analyst at Harvard Management Company.

Ms. Till serves on the North American Advisory Board of the London School of Economics and Political Science; is a Research Associate at the EDHEC-Risk Institute, and is a member of the steering committee of the Chicago chapter of PRMIA.

In 2011, she was named to the Federal Reserve Bank of Chicago’s Working Group on Financial Markets and became a Fellow at the Arditti Center for Risk Management in DePaul University’s Finance Department in Chicago.

She has a B.A. with General Honors in Statistics from the University of Chicago and an M.Sc. degree in Statistics from the London School of Economics (LSE).
Event Details
  When   Between 22/10/2012 11:30 AM and 22/10/2012 01:30 PM
Where   Canadian Western Bank, 10303 Jasper Avenue (basement level, Western room), Edmonton, Canada
Web  
 
Contact Details
  Name   PRMIA
E-mail   edmonton@prmia.org
Phone  
 
Attachments
  Presentation: The MF Global Collapse
  Presentation: The PFG Fraud