JSOM Student Places Second in INFORMS Competition

Sandun Perera, Second Place Winner

Naveen Jindal School of Management PhD candidate and graduate teaching assistant Sandun Perera recently earned second place from the Financial Services Section of the Institute for Operations Research and the Management Sciences (INFORMS) for his research paper on a new intervention model nations can use to determine the optimal time to enter the foreign-exchange market, the best approach to take in trading and the optimal change to seek in their currencies’ exchange rates.

As detailed in “Market-reaction-adjusted Optimal Central Bank Intervention Policy in a Foreign Exchange Market,” Perera’s model offers better control of market timing and strategy, which, in turn, can affect exchange-rate volatility and decrease expenses associated with a country entering the trading fray.

Bottom line, “the model can save money for a nation’s central bank if implemented properly,” he says.