3rd Bordeaux Workshop in International Economics and Finance 11 décembre
Alternative Platforms and Organization of Trading Activities
Friday, december 11, 2015
Pôle Juridique et judiciaire Place Pey Berland - Bordeaux
Markets in Financial Instruments Directive (MiFID) and MiFID2 have deregulated the exchange industry by allowing the entry of new electronic trading platforms, such as Multi Trading Facilities (MTFs) and Organized Trading Facilities (OTFs). Among these platforms, which compete with traditional regulated markets for trading services, some offer a certain transparency of information (lit venues) whereas others ensure the confidentiality of participants and the opacity of transactions (dark pool). The goal of this conference is to gather theoretical, empirical or historical contributions addressing the implications of these innovations, in terms of financial microstructure and industrial organization.
september 7, 2015 : deadline for submission.
october 5, 2015 : notification of acceptance.
october 31, 2015 : deadline for registration.
Les papiers présentés :
- Veryzhenko, I.-, Harby, E. and W. Louhichi, The impact of the French -nancial transaction tax on high frequency trading activities and market quality
- Gozzelino, C., Financial Intermediation : A Transaction Two-Sided Market Model Approach
- Bastidon, C., Final investors and stock markets fragmentation
- Calès-, M-N., Graniery, L. and N. Marchand, Competition between Clearing Houses on the European Market