The Centre for Financial Research (CFR) is based at the Centre for Mathematical Sciences of the University of Cambridge. It is a centre of academic excellence with interests in mathematical and computational finance (including derivatives, risk management, trading systems, real options, foreign exchange, stock and commodity markets, fund management and hedge funds). It has recently amalgamated with the Centre for Research in Quantitative Finance (CRQF).
The Centre's research is primarily in the formulation, analysis and estimation of advanced models of financial markets, and the interests of its members include econometrics, option pricing, computational finance, market microstructure modelling, information effects and other forms of interaction.
Go to the CFR website.