AGENDA

8:30-8:45A

Welcoming remarks & conference introduction
M. ERIC JOHNSON, Dean, Vanderbilt Owen Graduate School of Management
ROBERT E. WHALEY, FMRC Director, Vanderbilt Owen Graduate School of Management

Session 1 | Informational efficiency and EFT trading

PRESIDING: BERK SENSOY, Hans Stoll Professor of Finance, Vanderbilt Owen Graduate School of Management

8:45-9:30

Is there a dark side to exchange-traded funds? An information perspective
DORON ISRAELI, Associate Professor of Accounting
Arison School of Business | IDC Herzliya | Hertsliya, Israel

9:30-10:15

ETF trading and informational efficiency of underlying securities
LAWRENCE R. GLOSTEN, S. Sloan Colt Professor of Banking and International Finance,
Columbia Business School | Columbia University | New York

10:15-10:30

Break

Session 2 | ETPs and intraday volatility

PRESIDING: “BUZZ” GREGORY

10:30-11:15

Intraday share price volatility and leveraged ETF rebalancing
PAULINE SHUM NOLAN, Professor of Finance, Schulich School of Business York University | Toronto, ON, Canada

11:15-12:00P

On the causality between the price movements VIX ETPs and VIX futures contracts: Do ETFs increase volatility?
MICHAEL O’NEILL, Honorary Adjunct Associate Professor
Bond Business School | Bond University | Gold Coast, Queensland, Australia

12:00-1:30

Lunch

Session 3 | ETPs: New Avenues

PRESIDING: VIKAS AGARWAL, H. Talmage Dobbs, Jr. Chair & Professor of Finance, J. Mack Robinson College of Business | Georgia State University | Atlanta

1:30-2:15

Exchange-traded funds: the transparency of securities lending
JESSE BLOCHER, Assistant Professor of Finance, Vanderbilt Owen Graduate School of Management

2:15-3:00

The impact of innovation: Evidence from corporate bond ETFs
CAITLIN DANNHAUSER, Assistant Professor of Finance, Villanova School of Business Villanova University | Villanova, PA

3:00-3:15

Break

Industry Panel | The Future of Exchange-Traded Product Markets

 

3:15-5:15

Fixed income products
DAVID LAVALLE | State Street - 3:15-3:50
Smart Beta and Factor Investing ETPs
RYAN KREGER | Invesco Powershares - 3:50-4:25
Bitcoin products
BART SMITH | Susquehanna - 4:25-5:00

6:00-9:00

Reception | 507 12th Avenue S
Cocktails | Gerties’ Bar, (1st Floor) followed by private dinner at 404 Kitchen (2nd floor) Live Music | Station Inn, Hogslop String Band