Markets, Trading and Technology

Academic year 2026/2027
Lecturer Fabrizio Lillo, Giulia Livieri, Stefano Marmi, Piero Mazzarisi

Examination procedure

Seminar on a scientific paper

Examination procedure notes

Prerequisites

Basic notion of probability theory topics. The course is intended for student of the fourth and fifth year in mathematics and physics and for PhD students in mathematics, physics, and computer science.

Syllabus

An introduction to equities, options, futures and other financial products, Index funds, exchange traded funds, passive vs active investing, smart beta, Volatility and options trading, Valuation, trend following and technical analysis, Reinforcement learning, Agentic AI, High frequency trading, Decentralized Exchanges.

Bibliographical references

Notes, papers and slides provided by the teachers.


Hull Options, Futures and other Derivatives

Keith Cuthbertson, Dirk Nitzsche "Quantitative Financial Economics" John Wiley and Sons (2004);

Aswath Damodaran “The dark side of valuation” Prentice Hall;

Aswath Damodaran "Investment Philosophies: Successful Strategies and the Investors Who Made Them Work" (Wiley Finance)