Projects per year
Personal profile
Personal profile
Dr Xinfeng (Edwin) Ruan (阮鑫丰) is a Senior Associate Professor of Finance and Distinguished Professor of Jiangsu Province (江苏省特聘教授) at the International Business School Suzhou (IBSS) of Xian-Jiaotong Liverpool University (XJTLU). He is also a Fellow of the Higher Education Academy (FHEA). Edwin earned his PhD in Finance from the University of Otago in 2017 and an MSc in Operations Research Management (Research Area: Financial Mathematics and Financial Engineering) from the Southwestern University of Finance and Economics (SWUFE) in 2014. Prior to joining XJTLU, he worked at the University of Otago from 2019 to 2023 and was a Postdoctoral Research Fellow at the Auckland University of Technology from 2018 to 2019.
Edwin’s research interests mainly focus on asset pricing and derivatives, both in theoretical and empirical domains. He has extensive research experience in these areas and has published more than 30 papers in highly regarded, peer-reviewed journals, such as the Journal of Financial Markets, Journal of Economic Dynamics and Control, and Journal of Futures Markets. Edwin's outstanding research has been recognized with the Otago Business School Best Emerging Researcher award in 2019. He has won several best paper awards at recent national and international conferences.
Edwin actively seeks PhD students who are genuinely passionate about research in Asset Pricing and Derivatives. Strong skills in programming (e.g., Python, MATLAB, R, SAS, and Stata) are desirable. PhD scholarships are available and funded by his own research grant.
Research interests
Asset Pricing and Derivatives
Experience
Senior Associate Professor of Finance, Xian Jiaotong-Liverpool University - 2023-present
Senior Lecturer in Finance, University of Otago - 2022-2023
Lecturer in Finance, University of Otago - 2019-2022
Postdoctoral Research Fellow, Auckland University of Technology - 2018-2019
Teaching
FIN303 Financial Risk Management (2023/24, 2024/25, S2)
FIN403 Quantitative Methods for Finance (2023/24, 2024/25, S1)
FINC299 Fundamentals of Quantitative Finance (2022, S2, University of Otago)
FINC403 Studies in Capital Markets (2022, S1, University of Otago)
FINC310 Fixed Income Security Analysis (2019-2021, S2, University of Otago)
FINC412 Financial Analytics (2019-2021, S2, University of Otago)
FINC306 Derivatives (2017, S2, University of Otago)
FINC405 Mathematical Finance (2017, S2, University of Otago)
Awards and honours
2024, China Financial Engineering Annual Conference Outstanding Paper Third Prize
2024, International Conference on Climate and Energy Finance Best Paper Award
2023, Talent Program Award of Distinguished Professor of Jiangsu Province (江苏省特聘教授)
2019, Otago Business School Best Emerging Researcher Award
2017, Otago Business School Exceptional PhD Thesis
2016, Alan MacGregor Prize (University of Otago)
2014, University of Otago Doctoral Scholarship
2014, Outstanding Masters Thesis Guanghua Award of SWUFE
2014, Outstanding Graduates of Sichuan Province
2014, Outstanding Graduates of SWUFE
2013, First Prize Macredit Scholarship (SWUFE)
2013, Merit Student of SWUFE
2012, Graduate National Scholarship (China)
Expertise related to UN Sustainable Development Goals
In 2015, UN member states agreed to 17 global Sustainable Development Goals (SDGs) to end poverty, protect the planet and ensure prosperity for all. This person’s work contributes towards the following SDG(s):
Education/Academic qualification
PhD, University of Otago - 2017
MSc, Southwestern University of Finance and Economics - 2014
Person Types
- Staff
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Collaborations and top research areas from the last five years
Projects
- 2 Active
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Comparative theoretical study and empirical analysis of realized volatility and skewness
1/01/24 → 31/12/26
Project: Internal Research Project
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Option Profit and Loss Attribution and Pricing in the Chinese Options Market
Jia, X., Fan, Z. & Ruan, X., Jan 2025, (Accepted/In press) In: Pacific Basin Finance Journal.Research output: Contribution to journal › Article › peer-review
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Testing and Forecasting Price Jumps with Return Moments
Zhen, F., Ruan, X. & Zhang, J. E., Jan 2025, (Accepted/In press) In: International Review of Finance.Research output: Contribution to journal › Article › peer-review
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An empirical study on the early exercise premium of American options: Evidence from OEX and XEO options
Li, W., Zhang, J. E., Ruan, X. & Aschakulporn, P., Jul 2024, In: Journal of Futures Markets. 44, 7, p. 1117-1153 37 p.Research output: Contribution to journal › Article › peer-review
Open Access -
Comomentum in China: Inferring arbitrage activity from return correlation
Yue, T., Huang, J. & Ruan, X., Jun 2024, In: Pacific Basin Finance Journal. 85, 102351.Research output: Contribution to journal › Article › peer-review
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Doing well while doing good: ESG ratings and corporate bond returns
Gehricke, S. A., Ruan, X. & Zhang, J. E., Jan 2024, In: Applied Economics. 56, 16, p. 1916-1934Research output: Contribution to journal › Article › peer-review
Open Access13 Citations (Scopus)
Activities
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Towards a theory of skewness trading
Xinfeng Ruan (Speaker)
4 Jan 2025Activity: Talk or presentation › Presentation at conference/workshop/seminar
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Towards a theory of skewness trading
Xinfeng Ruan (Speaker)
26 Dec 2024Activity: Talk or presentation › Invited talk
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Towards a theory of skewness trading
Xinfeng Ruan (Speaker)
21 Dec 2024Activity: Talk or presentation › Presentation at conference/workshop/seminar
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Towards a theory of skewness trading
Xinfeng Ruan (Speaker)
25 Oct 2024Activity: Talk or presentation › Invited talk
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Towards a theory of skewness trading
Xinfeng Ruan (Speaker)
20 Oct 2024Activity: Talk or presentation › Presentation at conference/workshop/seminar