MEng Concentration: Financial Engineering
Anticipated Graduation Date: December 2016
Areas of Interest: Quantitative Trading, Asset Management, Sales & Trading
Haonan (Derek) Song graduated from Tsinghua University with B.A. in Economics and Finance in 2015. Upon graduation, he worked part-time in the Cash Equity and Index Option Trading Group at Guosen Securities in China, where he assisted in developing quantitative trading strategies in stocks and derivatives.
While attending Cornell University, Derek devoted his studies to intensive research in quantitative finance. He has been working as a research assistant to Cornell finance professors and contributes to unpublished papers in option implied volatility and derivative pricing.
In the summer of 2016, Derek interned at BNP Paribas in Risk Global Markets New York team. There he gained exposure to Prime Brokerage and Repo trading business line and developed several counterparty risk monitoring tools using market risk methodology that helped improve the efficiency of risk monitoring for the whole team.
With his enthusiasm in quantitative finance, Derek is an active quant trader in his spare time. He developed over 20 low correlation long/short equity trading strategies during a Statistic Arbitrage competition held by a hedge fund, winning seventh place among hundreds of participants. He also finished two research projects in Volatility Trading and is now implementing the strategy using real time data.
In his spare time, Derek enjoys scuba diving and poker.