BEGIN:VCALENDAR
VERSION:2.0
PRODID:-//132.216.98.100//NONSGML kigkonsult.se iCalcreator 2.20.4//
BEGIN:VEVENT
UID:20260327T021429EDT-4557jMINsS@132.216.98.100
DTSTAMP:20260327T061429Z
DESCRIPTION:Pasquale Della Corte\n\nImperial College London \n\nFX Option V
 olume\n\nDate: Friday\, March 20\, 2026\n	Time: 10:30-11:45 am\n	Location: B
 ronfman Bldg. (1001 Sherbrooke St. West)\, Room 245\n\nAll are cordially i
 nvited to attend.\n\nAbstract:\n\nWe study the predictive power of foreign
  exchange option volume for future exchange rate returns. Using over-the-c
 ounter option trades with counterparty identities and contract characteris
 tics\, we document that higher option volume predicts a depreciation of th
 e foreign currency relative to the US dollar\, especially when informed in
 vestors are more concentrated\, dollar demand is high\, and options offer 
 more leverage. These findings support an asymmetric information model in w
 hich informed investors choose to trade in the option market to exploit in
 formational advantages. Additionally\, investors with more dealer connecti
 ons\, broader currency coverage\, larger trades\, and stronger past perfor
 mance exhibit superior forecasting skill.\n
DTSTART:20260320T143000Z
DTEND:20260320T154500Z
LOCATION:Room 245\, Bronfman Building\, CA\, QC\, Montreal\, H3A 1G5\, 1001
  rue Sherbrooke Ouest
SUMMARY:Desmarais Global Finance Research Centre (DGFRC) Seminar: Pasquale 
 Della Corte 
URL:/desautels/channels/event/desmarais-global-finance
 -research-centre-dgfrc-seminar-pasquale-della-corte-371972
END:VEVENT
END:VCALENDAR