Physics student impresses at SEPnet Expo with new insight into financial risk takers
University of Southampton student Ria Pandit has drawn praise for her study of gender in financial trading in a research placement presentation at the 10th South East Physics Network (SEPnet) Student Expo.
The third year BSc Physics student was awarded a poster prize sponsored by the Institute of Physics at the London event which celebrated the achievements of over 70 studentsâ industry placements.
Ria worked with FinTech research and development company AlgoLabs this summer and analysed the risks taken in the trade of foreign exchange to see if there was a correlation with gender.
âIt has been really interesting to work with this project partner and it feels amazing to be rewarded for our hard work,â? Ria says. âWe were given real customer data and chose six elements which we thought were crucial in deciding how much risk a person took whilst trading.
âHaving given them all a weighting, we developed an algorithm which gave everyone a personalised risk score based on their past trading behaviour. These risk scores could then identify whether one gender took greater risks than the other and if this led to greater profits.â?
The study concluded that there was a positive correlation between risk and profit but â contrary to many psychology studies â found that that men and women tend to take similar amounts of risk.
âThere is a perception that men take significantly greater risks than women but this wasnât consistent with our observations,â? Ria adds. âWe would like to fine tune this research and publish it at a conference, however for now that is far in the future.â?
The SEPnet Student Expo brought together over 140 students, employers and academics at the One Park Crescent conference centre and included a talk from former SEPnet placement student Ricardo Mighty, now of the London Block Exchange. The outcomes of over 70 student projects were shared through presentations and posters, culminating in seven poster prizes.
Ria is on the committees for the Universityâs physics society (Physoc) and the Womenâs Physics Network, and is a keen rower at the Southampton University Boat Club.
âMy time at Southampton has been a well-rounded one and I have thoroughly enjoyed it,â? she says. âMy course has been really challenging yet rewarding and the academic staff are always very helpful.â?