As the financial crisis of 2008 and the Flash Crash of 2010 show, the financial networks underlying the world’s economy have failed in the past, and may do so again, with catastrophic consequences. Understanding how financial markets generate and propagate risk, and how regulations can help mitigate that risk, is vital to lowering the chance of future financial meltdowns.
This July, top financial mathematicians will gather at the University of British Columbia to focus on these crucial issues.