Hiwon Yoon, Ph.D.

President, CMD Laboratory Inc.
Tokyo, Japan

Profile

Since 2007, Hiwon Yoon has been president of CMD Laboratory Inc. He manages the firm and creates models for financial markets. From 2000 to 2007, he was director of CMD Research Ltd., where he managed the firm and analyzed financial markets. From 1996 to 1998, he was a trader of Japanese stock for Salomon Smith Barney (Japan), where he traded a portfolio of Japanese stock and derivatives. From 1993 to 1996, he worked in sales of Asian stocks for Salomon Brothers Asia Ltd (Japan), marketing Asian products, such as stocks and derivatives. From 1992 to 1993, Mr. Yoon was a trader of Asian stocks for Salomon Brothers Hong Kong Ltd (Hong Kong). In this position, he managed arbitrage positions for Asian stocks and derivatives. From 1989 to 1991, he was a trader of Japanese stock for Salomon Brothers Asia Ltd (Japan), where he traded Japanese stock and derivatives.

Mr. Yoon has a Ph.D in mechanical engineering from Keio University in Japan. In 1989, he received his M.S. in hydro-dynamics from Keio University in Japan.

Publications, Presentations, Patents: J. Masukawa, T. Mizuno, J. Murai, H. Yoon. Econophysics for Stock Price Movements, Baifukan Co.Ltd., 2011. T. Tanaka, T. Kikuchi, H. Yoon, R. Minami. The Methodology of Order Book Analysis, Japanese Patent 2013041422, 2013. 2

Presentation Abstract

Algorithmic trading methodology in technical analysis
- We need a countermeasure for HFT not only from IT, but also from technical analysis -

We have faced reformation of social structure due to the scale-up effect of the physical power by the Industrial Revolution in the 18th century. Under the current IT Revolution, we are also going to reformation again, due to the scale-up effect of the data volume and data processing speed. Enormous influence like a flash crash is surfaced at a financial market in particular. The role of algorithmic trading is changing from a convenient tool to an indispensable tool, and HFT may be going to a common tool in near future. I focus on what should be change and on what doesn’t have to change in technical analysis, and show the new methodology of algorithmic trading.