Akira Homma, CFA, CIIA, CMA, CFTe, CMT, FRM is Joint General Manager of the Operations Headquarters at Tokai Tokyo Securities, a leading Japanese securities company. His career in investment management includes involvement in Asian fund management at Lombard Odier International Portfolio Management and Global Fund management at Gesindex. On the sell side, he served as an Equity Analyst and subsequently as a Quantitative Analyst at Kokusai Securities (present Mitsubishi UFJ Morgan Stanley Securities). At Dow Jones Japan, as Senior Quantitative Analyst, he provided quantitative and technical analysis for institutional investors. Prior to joining Tokai Tokyo, he led global business development at a Tokyo-based securities firm, where he performed multiple duties including fund sourcing/structuring, due diligence, and product marketing, as well as research report production and quantitative modeling.
Akira has been serving on the Board of IFTA since 2010 and as Vice President for the Asia-Pacific region since 2012. Besides IFTA, he also serves on the Board of Directors of CFA Society Japan (CFA Japan). At Nippon Technical Analysts Association (NTAA), he served as a Board member and Chief International Officer. He is a member of the Nippon Finance Association (NFA).
Akira holds qualifications of Chartered Financial Analyst (CFA-CFA Institute), Certified International Investment Analyst (CIIA-ACIIA), Chartered Member of the Securities Analysts Association of Japan (CMA-SAAJ), Certified Financial Technician (CFTe-IFTA), Chartered Market Technician (CMT-MTA), and Financial Risk Manager (FRM-GARP).
Akira received his MBA from IESE Business School. In Japan, he graduated from Kyoto University.
Y Ratio (BPV Ratio) is a new indicator incorporating a new volatility measure that reflects distortions in return distribution. It is a simple and effective measure of the existence/ non-existence of meaningful information in the market and trend sustainability. It is applicable to program trading and is easily implementable. It is also useful for projecting markets. This presentation will illustrate how this indicator is composed, how it is applicable to program trading, and how it can be used for market projection.