Market Microstructure and Liquidity
A special issue of International Journal of Financial Studies (ISSN 2227-7072).
Deadline for manuscript submissions: 31 March 2025 | Viewed by 1449
Special Issue Editor
Interests: market microstructure; high-frequency finance; liquidity; bond markets; financial contagion; FinTech; banking and risk management
Special Issue Information
Dear Colleagues,
The International Journal of Financial Studies is pleased to announce a call for papers for a Special Issue titled Market Microstructure and Liquidity.
The landscape in market microstructure has dramatically changed in recent years due to revolutionary advances in technology, market design, and regulation. The introduction of alternative trading systems (ATSs) and the modernization of high-frequency trading strategies have increased competition in financial markets and have improved our understanding of price discovery and trading behavior. Market microstructure and liquidity are closely interlinked with each other, as the functioning and operation of trading mechanisms in financial markets significantly affect their liquidity dynamics.
We welcome the submission of high-quality original papers, both theoretical and empirical, that will enhance our knowledge on the microstructure and liquidity of financial markets. All submitted papers will undergo a rigorous blind review process. Possible focus areas can include, but are not limited to, the following:
- Price formation and price discovery;
- High-frequency trading;
- Market structure and design issues;
- Regulation and market transparency;
- Order book dynamics and liquidity effects;
- Liquidity, order flow, and market efficiency;
- Market liquidity and funding liquidity;
- Implications of market microstructure and market liquidity for other areas of finance, such as asset pricing, risk management, corporate finance, and international finance.
We are looking forward to receiving your contributions.
Dr. Vassilios Papavassiliou
Guest Editor
Manuscript Submission Information
Manuscripts should be submitted online at www.mdpi.com by registering and logging in to this website. Once you are registered, click here to go to the submission form. Manuscripts can be submitted until the deadline. All submissions that pass pre-check are peer-reviewed. Accepted papers will be published continuously in the journal (as soon as accepted) and will be listed together on the special issue website. Research articles, review articles as well as short communications are invited. For planned papers, a title and short abstract (about 100 words) can be sent to the Editorial Office for announcement on this website.
Submitted manuscripts should not have been published previously, nor be under consideration for publication elsewhere (except conference proceedings papers). All manuscripts are thoroughly refereed through a single-blind peer-review process. A guide for authors and other relevant information for submission of manuscripts is available on the Instructions for Authors page. International Journal of Financial Studies is an international peer-reviewed open access quarterly journal published by MDPI.
Please visit the Instructions for Authors page before submitting a manuscript. The Article Processing Charge (APC) for publication in this open access journal is 1800 CHF (Swiss Francs). Submitted papers should be well formatted and use good English. Authors may use MDPI's English editing service prior to publication or during author revisions.
Keywords
- market microstructure
- liquidity
- financial markets
- price discovery
- high-frequency trading
- market transparency
- market efficiency
- order flow
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