Darwin Choi, HKUST

Finance expert defines key terms including ‘convertible bond arbitrage’ and ‘disposition effect’ for FT Lexicon

Every week, a business school professor, an expert in his or her field, defines key terms on FT Lexicon, our online economics, business and finance glossary.

Darwin Choi has been an assistant professor in the department of finance at HKUST Business School since 2009.

He holds a double BSc in electrical engineering from the University of Pennsylvania, a BSc in finance and statistics from Wharton, and a PhD in finance from Yale University.

Prof Choi’s research interests include empirical asset pricing, behavioural finance, and market microstructure.

This week, Darwin Choi adds the following terms to FT Lexicon:

convertible bond arbitrage

disposition effect

market over-reaction / market under-reaction


Compiled by Emmanuelle Smith

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