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Vadim Tsudikman, President of High Technology Invest Inc., specializes in derivatives valuation, hedging, and capital allocation in extreme markets. He develops complex trading systems based on multicriteria analysis and genetic optimization algorithms. Sergey Izraylevich, Ph.D., Chairman of High Technology Invest Inc., has traded options for more than ten years and now creates automated systems for algorithmic options trading. Formerly a lecturer at Hebrew University of Jerusalem, he received the Golda Meir Prize for academic excellence. Izraylevich and Tsudikman are authors of Systematic Options Trading (FT Press). They cowrote a series of articles for Futures Magazine on options pricing, volatility, and risk. Arsen Balishyan, Ph.D., CFA, is Senior Financial Analyst--Equity/Options at High Technology Invest, Inc.