October 2024 Newsletter
Hanlon FSC Newsletter October 2024
Hello everyone! We hope your fall semester is off to a fantastic start. As we settle into the academic year, the Hanlon Financial Systems Lab is pleased to bring you the first newsletter of the semester, sharing updates on our latest projects and accomplishments.
Welcome to the New School of Business Class!
Welcome to the 225 new undergraduate students joining the School of Business! We're excited to welcome this diverse group across multiple majors, including Business & Technology, Quantitative Finance, Finance, and more. Each of you brings unique perspectives and skills that will enrich our community. Here’s a look at the variety of majors that make up our newest class:
New Hanlon Lab Assistants Fall 2024
Meet our Fall 2024 Hanlon Lab Assistants, each contributing unique skills and expertise to enrich our lab community at Stevens Institute of Technology.
Yash brings his passion for web development to enhance our online presence. Harsh also supports our digital platforms. Mohammad optimizes our server infrastructure and manages financial data from Refinitiv and Bloomberg. Yupeng advances research with his work in machine learning and reinforcement learning, and Sharif maintains lab operations and streamlines access to financial data.
Together, they bring diverse backgrounds and experiences, strengthening the Hanlon Lab team.
Spotlight: Professor Florescu Interview
In an insightful interview featured in a recent article, Professor Ionut Florescu discussed his team's research on the frequent batch auction model, a modern alternative to traditional continuous trading systems. His work, conducted at Stevens Institute's high-frequency trading simulation platform, found that frequent batch auctions, while initially met with skepticism, effectively improve market liquidity, particularly in volatile conditions. Professor Florescu's team continues to explore the limitations and potential advancements of this model, emphasizing its importance in the evolving landscape of equity trading.
Prudential Visit
On October 8, 2024, high-level executives from Prudential visited the School of Business and Hanlon Laboratories to strengthen ties with Stevens Institute of Technology. Prudential, a key partner behind the NJ Fintech Accelerator at Stevens, discussed their ongoing support for the accelerator and explored ways to further enhance fintech innovation in New Jersey.
In addition to NJ Fintech Accelerator discussions, the visit included conversations about the CRAFT initiative, recruitment opportunities, and potential research collaborations with the Stevens Student Managed Investment Fund (SSMIF). This visit underscored the mutual benefits of deepening the relationship between Prudential and Stevens, paving the way for future partnerships.
Updates to Hanlon Lab Web Page
Recent research projects from Fall 2023 and Spring 2024 have been added to the Hanlon Lab website for easy access.
The latest syllabi are now available on the website, providing updated course information.
Get Featured in Our Upcoming Newsletter
For submission of news or event information to be featured in our upcoming newsletter, please reach out to us at fscadmin@stevens.edu.
Coming Up in the Next Issue
In our next issue, dive into insights from our upcoming Alumni interview, and catch highlights from the Financial Programs Annual Holiday Celebration & Alumni Networking Event, taking place on December 6.
Hanlon Financial Systems Center | Stevens Institute of Technology
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