SUERF/Bank of Finland Conference "Liquidity and Market Efficiency - Alive and Well?"
The recent financial crisis has given a serious blow to the doctrine of market efficiency. At the same time the need has arisen to better understand liquidity which evaporated in the midst of the crisis. How are liquidity and market efficiency related? It has been argued that liquidity in stock and debt markets, especially in short-term money markets, may be maximised under very different conditions regarding the information content of market prices. What are the implications for systemic risks and financial stability? This one-day conference aims to bring together experts from all sides to better understand the key concepts of market liquidity and efficiency in different markets that research has helped to identify, the incentives facing practitioners in the market place, and the role regulation may have in correcting any market failures.
|Organizer:||Société Universitaire Européenne de Recherches Financières SUERF Bank of Finland|
|Conference venue:||Helsinki, House of the Estates|
|Classification:||G1 - General Financial Markets|
|Event type:||Konferenzen, Tagungen; Conferences|