Marco Avellaneda named Risk Magazine's 2010 Quant of the Year

Marco Avellaneda has been chosen as Risk Magazine's 2010 Quant of the Year. He was cited for "his groundbreaking work on the effect of short-selling restrictions on price dynamics. His paper, 'A dynamic model for hard to borrow stocks,' co-authored with Mike Lipkin of Katama Trading, was published in Risk [in June 2009], and has quickly become a classic of market microstructure literature."