Dr. Le Zhao is an Assistant Professor of Finance in the Department of Finance, Real Estate, and Business Law at California State University, Fresno. She earned her doctoral degree in Business Administration (Finance) as well as master’s degrees in Finance and Hospitality Management from Florida International University. Dr. Zhao holds the Chartered Financial Analyst (CFA®) designation and was selected to participate in the competitive doctoral workshop on market microstructure at Stockholm Business School. Her research interests lie in the areas of market microstructure and investments, with a focus on retail trading and venue competition. Her work has been presented at various national and international conferences, including the Financial Management Association, Academy of International Business, World Finance Conference, and the Eastern Finance Association. In 2025, Dr. Zhao received the Craig School of Business Faculty Award for Research in recognition of her scholarly contributions.