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ICFD seeks to become a global source for scholarship, collaboration, quality education and cutting-edge, innovative research on futures, derivatives and financial markets.

Established through a gift from the Chicago Mercantile Exchange Trust, the International Center on Futures and Derivatives seeks to: 

  • Foster research and innovation in futures and derivatives.
  • Leverage existing connections between UIC, China and the financial exchanges in Chicago.
  • Promote understanding of derivatives and futures in risk management and economic growth.
  • Attract and prepare students for careers in futures and derivatives. 

Education and Conferences


ICFD works together with the Department of Finance to offer both undergraduate and graduate courses in special topics related to futures, derivatives and international finance.

Chicago Exchanges
The Chicago Exchanges is offered in the second eight weeks of the Spring semester. Guest speakers discuss the latest developments affecting the Chicago exchanges. Speakers include the leaders of the Chicago Mercantile Exchange, the Chicago Board Options Exchange, and Trading Firms.


ICFD sponsors the annual Spring conference: R/finance, applied finance using R, which is held at UIC.



Contact Us

Gilbert W. Bassett

Professor Emeritus, Department of Economics and Finance
Director, International Center for Futures and Derivatives
Phone: (312) 996-5777

Special Events

International Center for Future and Derivatives

ICFD Mailing Address

601 S. Morgan MC 075
Room 2123 University Hall
Chicago, IL 60607