July 6-9, 2023, Online and Onsite in Shanghai, China

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Session

Liquidity in Stock and Bond Markets

Time:Friday, July 7, 2023 10:15 - 12:00Location:Stream 7Session Chair:Alex Zhou, Southern Methodist University Zoom:

Liquidity Provision in the Exchange Traded Fund Market

Chenfei Sun, University of Melbourne

Carole Comerton-Forde, University of Melbourne

Zhuo Zhong, University of Melbourne

 Presenter: Chenfei Sun, University of Melbourne

 Discussant: Jinming Xue, Southern Methodist University

Would Order-By-Order Auctions Be Competitive?

Thomas Ernst, University of Maryland

Chester Spatt, Carnegie Mellon University

Jian Sun, Singapore Management University

 Presenter: Jian Sun, Singapore Management University

 Discussant: Andriy Shkilko, Wilfrid Laurier University

Speculation and Liquidity in Stock and Corporate Bond Markets

Paolo Pasquariello, University of Michigan

Mirela Sandulescu, University of Michigan

 Presenter: Mirela Sandulescu, University of Michigan

 Discussant: Mahyar Kargar, University of Illinois at Urbana-Champaign

Debt Market Illiquidity and Corporate Risk-Taking

Jingzhi Huang, Pennsylvania State University

Zhan Shi, Tsinghua University
Yuan Wang, Southern University of Science and Technology
Rui Zhong, University of Western Australia

 Presenter: Zhan Shi, Tsinghua University

 Discussant: Yi Li, Federal Reserve Board

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