4th Annual Plato Market Innovator (MI3) conference on Market Structure in Europe and Beyond

Description

4th Annual Plato Market Innovator (MI3) conference on Market Structure in Europe and Beyond

Conference date
Tuesday 29th June and Wednesday 30th June 2021
Location
Online
Description
The 4th Annual Plato Partnership Market Innovator (MI3) conference on Market Structure in Europe and Beyond will take place as an online event in four sessions on Tuesday 29th June 2021 10:00-12:00 and 13:00- 15:00 UK time zone and Wednesday 30th June 2021 10:00 – 12:00 and 13:00- 15:00 UK time zone.
The Plato Market Innovator (MI3) conference is where leading academics, regulators and practitioners meet to discuss the most pertinent topics in Global Capital Markets. The conference academic call for papers resulted in a number of high-quality research papers been selected by the conference programme committee.
Use the following link to access the detailed agenda and to register:
https://platopartnership.com/2021-mi3-online-conference/
More information on Plato Partnership and its members can be found on our website:
https://platopartnership.com/
Conference agenda (All times are UK timezone)
Tuesday 29 June 2021
10:00: Welcome and Introduction – Carole Comerton-Forde, UNSW and Michael Bellaro, CEO Plato Partnership
10:10: “Competition and Exchange Data Fees”
Authors (Presenter listed first): James Brugler, University of Melbourne, Jonathan Brogaard, University of Utah, Dominik Roesch, State University of New York.
Discussant: Giovanni Cespa, Cass Business School.
11:05: “Informed Trading and the Dynamics of Client-Dealer Connections in Corporate Bond Markets”
Authors (Presenter listed first): Gabor Pinter, Bank of England, Robert Czech, Bank of England.
Discussant: Laurence Daures-Lescourret, ESSEC.
12:00 – 13:00: Break
13:00: Closing Auction Research
“Who trades at the Close? Implications for Price Discovery, Liquidity and Disagreement” (US research)
Authors (Presenter listed first): Vincent Bogousslavsky, Boston College, Dmitriy Muravyer, Michigen State University.
“Trading @ the close” (European Research)
Authors (Presenter listed first): Barbara Rindi, Bocconi University.
Discussant for both papers: Bjorn Hagstromer, Stockholm Business School.
14:15: “Quantifying the High-Frequency Trading “Arms Race” : A Simple New Methodology and Estimates”
Authors (Presenter listed first): Eric Budish, University of Chicago, Matteo Aquilina, FCA and Financial Stability Board, Peter O’Neill, Financial Conduct Authority.
Discussant: Joel Hasbrouck, New York University.
Wednesday 30 June 2021
10:00: Panel Discussion – Market structure and Trading developments in 2021 and beyond
Leading practitioners from Plato Partnership buy-side and sell-side member firms discuss key market structure and trading themes and their challenges in 2021 and beyond.
11:00: “Drivers and Effects of Stock Market Fragmentation – Insights on SME Stocks”
Authors (Presenter listed first): Jens Lausen, Goethe Universitat, Benjamin Clapham, Peter Gomber, Micha Matthias Bender, Goethe Universitat.
Discussant: Sophie Moinas, Toulouse School of Economics.
11:55 – 13:00: Break
13:00: “On the Effects of Continuous Trading”
Authors (Presenter listed first): Andriy Shkilko, Wilfrid Laurier University, Ivan Indriawan, Auckland University of Technology, Roberto Pascual, University of the Balearic Islands.
Discussant: Pamela Moulton, Cornell University.
13:55: “The Cost of Clearing Fragmentation”
Authors (Presenter listed first): Albert J. Menkveld, Vrije Universiteit, Evangelos Benos, University of Nottingham, Wenqian Huang, Bank for International Settlements, Michalis Vasios, European Securities and Markets Authority.
Discussant: Darrell Duffie, Stanford University.
14:50 – 15:00: Best paper conference award and Plato Market Structure Practitioner Award

Conference Programme Committee
Sabrina Buti, Université Paris-Dauphine
Carole Comerton-Forde, UNSW Business School and CEPR
Thierry Foucault, HEC Paris and CEPR
Björn Hagströmer, Stockholm Business School
Richard Payne, Cass Business School
Barbara Rindi, Bocconi University
Yazid Sharaiha, Norges Bank Investment Management and Plato Partnership
Ingrid Werner, The Ohio State University