IAMINSTITUTE OF APPLIED MATHEMATICS

Spatial Analysis of Residentıal Prices in ISTANBUL

Hilal Esin Coskun
Institute of Applied Mathematics

Place: IAM S212
Date/Time:  28.03.2017 -14.40
Abstract:  The main aim of this research is to examine the spatial distribution of housing prices at the metropolian and at the district level of Istanbul. At the metropolian level, the most important factors which affect housing prices are sub-market, floor area and sea view. At the district level, housing prices vary from district to district according to locational, socio-economic and property characteristics. High-income sub-markets have higher coefficient of determinations and more significant variables than low income sub-markets. Furthermore, the results suggest that planned districts have higher housing prices; thus, restructuring squatter areas and revitalizing inner city areas provide not only benefits to individuals but also higher tax revenues to the city.

Pricing Risk and Risk Premium in Flood Insurance
Kerim Mert Erozden
Institute of Applied Mathematics

Place: IAM S212
Date/Time:  28.03.2017 -14.40
Abstract: Flood is one of the natural disasters that can be specifically insured.To estimate the risk of floodplain, hydrology studies gives useful data.In this study two hydrology studies are used which are AVV and VNK. To project the risk Monte Carlo Simulation method and for pricing the risk bayesian inference method is used. In this presentation, flood insurance pricing techniques will be briefly defined.

The Nature of Life Insurance
Esin Bilgin
Institute of Applied Mathematics

Place: IAM S212
Date/Time:  21.03.2017 -14.40
Abstract: Life insurance is one of the important insurance type since death is an inevitable and unpredictablefor us. Also, the life of a person may depend on lives of others financially. Life insurance is a protection against financial loss if insured dies. Therefore, life insurance is significant type ofinsurance. In this presentation, we will briefly define life insurance then explain the nature of life insurance and discuss life insurance in Turkey.

History of Cryptography
Yalin Yalcin
Institute of Applied Mathematics

Place: IAM S212
Date/Time:  21.03.2017 -14.40
Abstract: People have been trying to communicate with each other and hide the information which are believed to be kept as secret from the third parties by the help of the predecided ciphers. In the modern age, which is called as the age of information, ciphers have a great importance both in the areas of finance and military. States spend money in order to acquire the information and to keep them confidential. Finance institutions spend money to keep the personal informations of their clients. In this presentation, historical development of cryptograpghy will be examined.

The Role of the Private Pension in Social Security System

Selma Gutmen
Institute of Applied Mathematics

Place: IAM S212
Date/Time:  14.03.2017 -14.40
Abstract:The individual pension system is an alternative in solving social security system’s problems and it has seen as voluntary or a complementary tool of Social Security System. The individual pension system which is the first step of transferring private companies from community was seen in 1980. This study, using some data, firstly examines what individual pension system is and why society needs go into this system. When we look at the purposes of the private pension system, it can be easily understood that why this system is needed. Moreover, all over the world, private pension schemes have reached higher proportions in social security systems with the applications of its steps. In addition to these, in the light of the advantages, disadvantages and the problems faced by system, it is analyzed the effects of private pension system to financial market and economy.

High Frequency Trading
Oguz KOÇ
Institute of Applied Mathematics

Place: IAM S212
Date/Time:  14.03.2017 -14.40
Abstract: HFT is a program trading platform that uses powerful computers to transect a large number of orders at very fast speeds. It uses complex algorithms to analyze multiple markets and execute orders based on market conditions. This study involves the benefits and critiques of HFT, its strategies used by traders recently, and assets that we can use with it. And also what do a high frequency trader need to do her/his job.

Copula Method in Finance
Ekin Baris Sah
Institute of Applied Mathematics

Place: IAM S212
Date/Time:  07.03.2017 -14.40
Abstract: Copula method is a very popular topic in finance recently. This method is used to measure dependency between stock markets and commodities, stock markets and macroeconomic news, etc. Studying with non-linear models and non-Gaussian distributions, copula gives very useful results in financial markets. In this presentation, Copula function is defined and compared with other dependency measuring methods. To measure correlation there are two
different approaches: Top-Down and Bottom-Up Approaches. Copula function uses a Bottom-Up Approach. Advantages and disadvantages of the method are stated as well. In addition to theoretical discussion, very basic formulation and rules of Copula are provided.

An Introduction to Exotic Options and Most Frequently
Used Types of Exotic Options
Caner Karakurt

Institute of Applied Mathematics

Place: IAM S212
Date/Time:  07.03.2017 -14.40
Abstract: In today’s Financial Markets, investors need different type of financial instruments that satisfy their needs and expectations. For the very reason Exotic Options are substantial aspect in today’s world of trading . An Exotic Option is an option that differs in structure from common American and European Type Options in terms of the underlying asset, or the calculation of how or when the investor receives a certain payoff. In this meeting I will introduce important types of exotic options, their payoff structures and also in which circumstances we need that type of exotic option agreement.

Secret Sharing Schemes

Emircan Çelik

Institute of Applied Mathematics

Place: IAM S209

Date/Time: 13.12.2016 -14.30

Abstract: Although secret informations can be stored or kept secret using cryptographic systems with secret key(s), some secrets are too dangerous or too valuable that this particular key(s) to be trusted with only one person. This secrets could be a combination to a banks vault, launching password or command to a missile system, etc. This talk is mainly about sharing a secret among the certain number of participants such a way that, recovering the secret is very hard if needed conditions are not satisfied. I’ll explain the problems faced during the development of these systems. In summarizing the talk I’ll explain the ideas to develop such systems from other disciplines. .

Assessment of Forex Market Risk

Berat Tekcan

Institute of Applied Mathematics

Place: IAM S209

Date/Time: 06.12.2016 -14.30

Abstract: Forex market is a world biggest trading market where buying and selling of currencies take place. By the BIS(Bank for International Settlement) report, traded volume per day is 5.3 trillion dollars, which is an extremely high amount as compared to the other trade markets like Stocks and Futures. After introducing this subject, I will continue my talk on the history and advantages of trading forex and how can we manage the risk. At the end, if the time permits, we shall consider the relation between taking the risk and getting the good rewards. Keywords: Leverage, Liquidity, Risk per Trade.