05 Jul 2012
Igor Makarov and Alexander Gorbenko have been crowned winners of the NASDAQ OMX Award for Best Paper on Asset Pricing.
They were honoured for their 'CDS Auctions' paper at the recent Western Finance Association Meeting which took place in Las Vegas last month.
Their triumph was one of only five awards announced during the four-day annual conference, with the award accompanied by a cheque for $5,000 (£3,188).
London's reputation for excellence in financial education was reinforced further by the fact that the paper's other author, Mikhail Chernov, also lectures in the capital in his role as professor of finance at the London School of Economics.