Dear All, You are kindly invited to attend the next Stochastics and Finance seminar. On Wednesday September 15 at 2pm Libo Li will give a talk via Zoom. Zoom link: https://uni-sydney.zoom.us/j/87491585109 Speaker: Dr Libo Li (UNSW) Title: Random Times and GBSDEs Abstract: In this talk, we will discuss two related topics. The first is the construction of random time, where we extend using, multiplicative systems to construct random time with a given survival process. Secondly, motivated by the arbitrage-free pricing of European and American style contracts with the counterparty credit risk, we investigate the well-posedness of BSDE and RBSDE in the progressive enlargement of a reference filtration with a random time through the method of reduction. https://www.maths.usyd.edu.au/u/SemConf/Stochastics_Finance/seminar.html Please feel free to forward this message to anyone who might be interested in this talk. Kind regards, Anna