2025 Best Paper Award on Financial Engineering (Operations Research):
Systematic Portfolio Diversification by Agostino Capponi and Marko Weber.
2025 INFORMS Student Paper Competition in Finance:
First Prize:
Arbitrage on Decentralized Exchanges, by Yutian Zhou (Chinese University of Hong Kong)
Runner-Ups:
Diffusion Factor Models: Generating High-Dimensional Returns with Factor Structures, by Yumin Xu (Peking University)
The Paradox of Just-in-Time Liquidity in Decentralized Exchanges, by Brian Zhu (Columbia University)
Honorable Mention:
Distributional Adversarial Attacks and Training in Deep Hedging, by Guangyi He (Imperial College London)
Thanks to the Judges Panel:
Nan Chen nchen@se.cuhk.edu.hk, Professor and Department Vice-Chairman (Graduate), Department of Systems Engineering and Engineering Management, The Chinese University of Hong Kong
Min Dai mindai@polyu.edu.hk, Chair Professor in Applied Statistics and Financial Mathematics, Department of Applied Mathematics and School of Accounting and Finance, The Hong Kong Polytechnic University
Zachary Feinstein zfeinste@stevens.edu, Assistant Professor, Financial Engineering, Stevens Institute of Technology
Steven Kou kou@bu.edu, Allen and Kelli Questrom Professor in Finance, Questrom School of Business, Boston University