SMITH BRAIN TRUST — Market makers have significant influence in financial markets, and they take on significant risk. In new research, Yajun Wang, assistant professor of finance at the University of Maryland’s Robert H. Smith School of Business, helps build a market-making model that enables market participants to better understand those risks.

The Smith School is happy to welcome the following new professors to the school: Accounting & Information Assurance Hanna Lee Derek Johnson Decisions, Operations & Information Technologies Tunay Tunca Inbal Yahav Ilya O. Ryzhov Pamela Armstrong Ilchul Yoon Rui Zhao