CALL FOR PAPERS

12th Annual Central Bank Conference on

Microstructure of Financial Markets

29 & 30 September 2016, Paris

Hosted by the Banque de France

Submission deadline: May 1 2016.

Confirmed Keynote Speakers:

Bruno Biais (Toulouse School of Economics)

Lasse Pedersen (Copenhagen BS and NYU Stern)

We invite submissions for the 2016 Workshop on the Microstructure of Financial Markets, to be held on September 29-30, 2016 at the Banque de France. This annual central bank workshop gives researchers, policy-makers and practitioners the opportunity to discuss theoretical work, empirical findings and policy implications related to the microstructure of financial markets.

Financial market microstructure may influence - and be affected by - policies under the control of central banks and papers that address any aspect of this interaction would be particularly welcome. The following non-exhaustive list of topics provides some guidelines for areas that would be of interest.

  • Microstructure of foreign exchange, bond and stock markets.
  • Microstructure effects of non-standard monetary policy measures.
  • Microstructure of the interbank market.
  • Market inefficiencies and asset management
  • Effects of macro-prudential regulation.
  • Causes of recent market blips and crashes.
  • High-frequency trading and dark liquidity.
  • Market fragmentation and consolidation.
  • Fixings and benchmark design.
  • Transition of over the counter markets to central clearing and electronic trading.
  • Market liquidity.

Authors may submit drafts of completed papers in PDF form to (specifying “12th Annual Central Bank Workshop on the Microstructure of Financial Markets” in the subject of their email). The deadline for submission is May 1, 2016. Papers will be selected by the program committee. Authors of accepted papers will be notified by May 31, 2016.

Program committee:

Alessandro Beber (Cass Business School)

Giovanni Cespa (Cass Business School)

Andrew Ellul (Indiana University)

Martin Evans (Georgetown University)

Michael Fleming (New York Fed)

Thierry Foucault (HEC Paris)

Alexandre Gautier (Banque de France)

Ingrid Lo (Victoria University of Wellington)

Benoit Mojon (Banque de France)

Michael Moore (Warwick Business School)

Bernt Arne Odegaard (University of Stavanger)

Carol Osler (Brandeis University)

Marco Pagano (EIEF, University of Naples Federico II)

Christine Parlour (University of California, Berkeley-Haas)

Dagfinn Rime (BI Norwegian Business School and Norges Bank)

Norman Schuerhoff (HEC Lausanne and Swiss Finance Institute)

Giorgio Valente (City University of HK)

Clara Vega (Federal Reserve System)

Previous events:

Central Bank of Ireland, Dublin, October 2015

EIEF - Einaudi Institute for Economics and Finance, Rome 2014

European Central Bank (ECB), September 2013

Bank of Canada, October 2012

University in Stavanger/Norges Bank, August 2011

New York FED/Brandeis Business School, October 2010

Swiss National Bank, October 2009

BIS/Hong Kong Institute for Monetary Research, Hong Kong, September 2008

Bank of Hungary, Budapest, September 2007

Bank of Canada/Norges Bank, Ottawa, October 2006

Norges Bank/BI, Oslo, September 2005