The UCD Centre for Financial Markets (CFM) is Ireland’s leading centre dedicated to fundamental research relating to financial markets, how they work and how agents interact with them. The CFM provides a forum for research training, networking and dissemination and was established in 2003.

The aim of the UCD Centre for Financial Markets (CFM) is to facilitate and promote financial research of the highest international standard. Research activities of the CFM cover the full gamut of empirical and theoretical exploration of financial markets.

The research agenda of the CFM is relevant to financial institutions and practitioners, and the Centre aims to foster strong links between industry and faculty. CFM researchers work with industry partners on applied research projects, providing state-of-the-art solutions for financial institutions.

The Centre embraces a range of activities, from producing and publishing research of the highest international standard, organising international events and training finance graduates. The CFM supports and develops a research ethos that allows academics to develop their research through a regular research seminar series. Furthermore, the CFM develops collaborative research through visits by internationally renowned researchers. A central pillar of the CFM is the training of MSc and PhD students in research methodologies and development.

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Affiliated Staff Members

Centre for Financial Markets (CFM) Research Seminar Series – Past Events

Semester 2

Seminar Date:

8 June

Speaker:

Bruce Grundy (University of Melbourne)

Title:

Can Socially Responsible Firms Survive Competition?  An Analysis of Corporate Employee Matching Grants

 

Seminar Date:

25 May

Speaker:

Ana-Marie Fuertes (Cass Business School)

Title:

Harvesting Commodity Risk Premia:  A Flexible Integration Framework

 

Seminar Date:

20 April

Event:

PhD Smyposium

Speaker / Title:

Yan Wang - Option implied tail risk: Known unknowns

Speaker / Title:

Houng Tran - Mergers and acquisitions: Exploring the role of product market competition

Speaker / Title: 

Mohamad Faour - Run-up returns prior to dividend omissions: Information leakage?

 

Seminar Date:

9 March

Speaker:

Dirk Brounen (Tilburg University)

Title:

The stock liquidity and return dialogue: Evidence from maturing REIT markets

 

Seminar Date:

23 February

Speaker:

Hans Degryse (KU Leuven)

Title:

The impact of clearing fees on market quality

 

Seminar Date:

16 February

Speaker:

Joel Shapiro (University of Oxford)

Title:

Blockholder Voting

 

Seminar Date:

09 February

Speaker:

Steven Ongena (University of Zurich)

Title:

Changes in the cost of bank equity and the supply of bank credit

 

Seminar Date:

02 February

Speaker:

Franco Fiordelisi (University of Rome III)  

Title:

Corporate culture and enforcement actions in banking

Semester 1 

Seminar Date:

14 December

Speaker:

Yung Chiang Yang (UCD)

Title:

Is information risk priced?  Evidence from abnormal idiosyncratic volatility

 

Seminar Date:

1 December

Speaker:

Barry Quinn (Queens University Belfast

Title:

Irish Credit Unions – Differential Regulation based on Business Model Complexity

 

Seminar Date:

24 November

Speaker:

Christian Lundblad  (University of North Carolina)

Title:

Political Risk in Emerging Markets

 

Seminar Date:

17 November

Speaker:

Ranadeva Jayasekera (TCD) 

Title:

Quantifying the Value of Financial Flexibility

 

Seminar Date:

10 November

Speaker:

Alessandro Palandri (DCU)

Title:

Apophenia? The case of volatility leverage/feedback effects

 

Seminar Date:

03 November

Speaker:

Guglielmo Caporale (Brunel University)

Title:

Macro News and Bond Yield Spreads in the Euro Area

 

Seminar Date:

27 October

Speaker:

David Edelman (UCD)

Title:

Frontiers in Deep Learning for Finance

 

Seminar Date:

20 October

Speaker:

Fergal McCann (Central Bank of Ireland)

Title:

Housing Equity and Mortgage Default: Introducing the Missed Payment Bias

 

Seminar Date:

13 October

Speaker:

Neil Kellard (University of Essex)

Title:

Open outcry versus electronic trading: Tests of market efficiency on crude palm oil futures

 

Seminar Date:

06 October

Speaker:

John Cotter (UCD)

Title:

Nowhere to Run, Nowhere to Hide: Asset Diversification in a Flat World

 

Seminar Date:

29 September

Speaker:

Marcel Prokopczuk (Leibniz University Hannover)  

Title:

The Determinants of Convenience Yields 

 

Seminar Date:

22 September

Speaker:

Maurizio Montone (Erasmus School of Economics) 

Title:

Investor Sentiment and Employment

 

Seminar Date:

15 September

Speaker:

Paul Van Rensburg (University of Cape Town)

Title:

Optimal Portfolio Leverage

Seminar Date:

05 March

Speaker:

Henk von Eije (University of Gronigen)

Title:

TBA

 

Seminar Date:

26 February

Speaker:

Lieven Baele (Tilburg University)

Title:

Flights to Safety

 

Seminar Date:

19 February

Speaker:

Ronan Powell (DCU)

Title:

The choice of method of payment in cross-border and domestic mergers and acquisitions

 

Seminar Date:

12 February

Speaker:

David Edelman (UCD)

Title:

Portfolio theory with minimal regret

 

Seminar Date:

05 February

Speaker:

Mahmoud Botshekan (UCD)

Title:

Cross-sectional asset pricing tests: Ex ante versus ex post approaches

 

Seminar Date:

27 November

Speaker:

PhD Research Symposium

Title:

 

Seminar Date:

20 November

Speaker:

Ronan Lyons (Trinity College Dublin)

Title:

A housing price index for Dublin 1900-2014

 

Seminar Date:

13 November

Speaker:

Richard Taffler (Warwick Business School)

Title:

Emotional Finance: Theory and Application

 

Seminar Date:

06 November

Speaker:

John Turner (Queens University Belfast) ** N302 @ 2pm

Title:

Banking in crisis: The rise and fall of British banking stability?

 

Seminar Date:

30 October

Speaker:

Phil Molyneux (Bangor University) ** N203 @ 2pm

Title:

Non-interest income activities and bank lending

 

Seminar Date:

23 October

Speaker:

Thomas Flavin (Maynooth University)

Title:

A regime-switching analysis of contagion from the US sub-prime mortgage-backed security market

 

Seminar Date:

16 October

Speaker:

Philip Bourke (UCD)

Title:

Bank business models and bank failure

 

Seminar Date:

09 October

Speaker:

Alexander McNeil (Heriot Watt University)

Title:

Multivariate economic scenario sets for stress testing

 

Seminar Date:

02 October

Speaker:

Lammertjan Dam (University of Groningen)

Title:

Market clearing and stock returns of levered firms when equity supply is fixed

 

Seminar Date:

30 September

Speaker:

Richard Levich (New York University) ***N202 @ 2pm

Title:

Should institutional investors take a new look at currency investing?

 

Seminar Date:

25 September

Speaker:

Raghavendra Rau (University of Cambridge)

Title:

What doesn't kill you only makes you more risk-loving: Early life disasters and CEO behavior

 

Seminar Date:

18 September

Speaker:

John Cotter (UCD)

Title:

Can metropolitan housing risk be diversified? A cautionary tale from the recent boom and bust

Seminar Date:

24 April

Speaker:

Tom Conlon (UCD)

Title:

International Diversification and the Investor Horizon

 

Seminar Date:

17 April

Speaker:

Mathijs van Dijk (Erasmus University)

Title:

The Social Costs of Financial Crises

 

Seminar Date:

10 April

Speaker:

Julie Byrne (UCD)

Title:

Culture, Creditor Rights, and Dividend Policy

 

Seminar Date:

03 April

Speaker:

Ephraim Clark (Middlesex University)

Title:

The role of regulatory credibility in effective banking regulation

 

Seminar Date:

27 March

Speaker:

Michael McKenzie (University of Liverpool)

Title:

Hole in the wall: Informed short sellers ahead of private placements

 

Seminar Date:

20 March

Speaker:

Claudia Girardone (University of Essex)

Title:

Pay for no performance? Executive pay and performance in EU banks

 

Seminar Date:

06 March

Speaker:

Gareth Campbell (Queens University Belfast)

Title:

Corporate Ownership, Control, and Firm Performance: Evidence from a Nascent and Unregulated Market

 

Seminar Date:

03 March

Speaker:

Mark Davis (Imperial College London) **Monday 3rd - N202 @ 4pm

Title:

Risk-sensitive asset management via stochastic control

 

Seminar Date:

27 February

Speaker:

Luca Taschini (London School of Economics)

Title:

Pollution Permits, Strategic Trading, and Dynamic Technology Adoption

 

Seminar Date:

13 February

Speaker:

Betty Simkins (Oklahoma State University)

Title:

The microeconomics and value of non-cleared OTC derivatives: case study analyses of hedges by publicly traded nonfinancial firms

 

Seminar Date:

06 February

Speaker:

David Edelman (UCD)

Title:

The Universal Portfolio as a Bayes Optimal Growth Portfolio, Growth-Optimal Completion of Markets

 

Seminar Date:

30 January

Speaker:

Valerio Poti (UCD)

Title:

GMM-based tests of efficient market learning and an application to testing for a small firm effect in equity pricing

 

Seminar Date:

23 January

Speaker:

Ronan Gallagher (University of Edinburgh)

Title:

The equity market implications of corporate pension deficits

 

Seminar Date:

21 November

Speaker:

Don Bredin (UCD)

Title:

Term Structure of the EU Emissions Trading Scheme

 

Seminar Date:

14 November

Speaker:

Michael Dowling (Dublin City University)

Title:

Refined Cultural Influences in the Financing Activities of EU SMEs

 

Seminar Date:

07 November

Speaker:

Conall O'Sullivan (UCD)

Title:

Trading profits and losses from false reporting to the LIBOR Bank Panel

 

Seminar Date:

31 October

Speaker:

John Garvey (University of Limerick)

Title:

The case for financial innovation in European agriculture

 

Seminar Date:

24 October

Speaker:

Rachel Carroll (UCD)

Title:

Asset Allocation with Correlation

 

Seminar Date:

17 October

Speaker:

Greg Swinand (London Economics)

Title:

Detecting price anomalies in Brent crude

 

Seminar Date:

10 October

Speaker:

Davide Avino (UCD)

Title:

Rethinking capital structure arbitrage: a price discovery perspective

 

Seminar Date:

26 September

Speaker:

Valeria Di Cosmo (ESRI)

Title:

Wind, CO2 emissions and electricity prices: the case of Ireland

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