Dr. Benjamin Clapham
Postdoctoral Researcher
After having studied economics and business administration, Benjamin successfully completed his doctoral studies in finance and information systems at Goethe University Frankfurt in November 2019. In his dissertation, he analyzed the integrity and efficiency of electronic securities markets. Since then, he has been working as a postdoctoral researcher at the Chair of e-Finance and efl – the Data Science Institute. His research interests are empirical financial market research, financial market regulation, and the automated detection of manipulation and misbehavior in financial markets. He has been awarded with several academic awards, e.g., the dissertation award of the Frankfurt Institute for Risk Management and Regulation and the 2020 Best Paper Award of the Journal of the Association for Information Systems.
Publications
VHB A
(2020)
Who Is the Next "Wolf of Wall Street"? Detection of Financial Intermediary Misconduct
Journal of the Association for Information Systems, Vol. 21, No. 5, pp. 1153-1190
(2017)
A Taxonomy of Financial Market Manipulations: Establishing Trust and Market Integrity in the Financialized Economy Through Automated Fraud Detection
Journal of Information Technology, Vol. 32, No. 3, pp. 251-269
VHB B
(2021)
To Bundle or Not to Bundle? A Review of Soft Commissions and Research Unbundling
Financial Analysts Journal, Vol. 77, No. 3, pp. 69-92
(2021)
Liquidity Provider Incentives in Fragmented Securities Markets
Journal of Empirical Finance, Vol. 60, pp. 16-38
(2021)
Popular News Are Relevant News! How Investor Attention Affects Algorithmic Decision-Making and Decision Support in Financial Markets
Information Systems Frontiers, Vol. 23, No. 2, pp. 477-494
VHB C
(2020)
Enterprise Applications, Markets and Services in the Finance Industry - Proceedings of the 10th International FinanceCom Workshop 2020 (Editorial)
Lecture Notes in Business Information Processing (LNBIP), Vol. 401; Springer, Cham
(2020)
Does Speed Matter? The Role of High-Frequency Trading for Order Book Resiliency
Journal of Financial Research, Vol. 43, No. 4, pp. 933-964
(2019)
The MiFIR Trading Obligation: Impact on Trading Volume and Liquidity in Electronic Trading
Lecture Notes in Business Information Processing (LNBIP), Vol. 345, pp. 3-26, Eds.: N. Mehandjiev and B. Saadouni
No VHB Rating
(2020)
The Effect of Investor Attention on Algorithmic Decision-Making and Decision Support in Financial Markets
efl Insights 1/2020
(2019)
Integrity and Efficiency of Electronic Securities Markets: Fraud Detection, Safeguards, and the Role of High-Frequency Trading
Dissertation, Goethe University Frankfurt
(2018)
The Impact of MiFID II/MiFIR on European Market Structure: A Survey among Market Experts
The Journal of Trading, Vol. 13, No. 2, pp. 35-46
(2018)
Regulatory Reporting Solutions: (Mehr-)Wert aus regulatorischen Verpflichtungen schaffen
Handbuch Finanzinformationen: Der digitale Wandel und die naechste Generation von Finanzinformationssystemen, pp. 227-248, Eds.: A. Eisenhofer and K. Brooimans; FinanzBuch Verlag, Munich
(2018)
Management of Market Price Risks: Regulation and Coordination of Volatility Interruptions in Europe
FIRM Yearbook 2018, pp. 167-168; Association for Risk Management and Regulation, Frankfurt
(2018)
Is There a Magnet Effect of Rule-Based Circuit Breakers in Times of High-Frequency Trading?
Working Paper; presented at the 6th Paris Financial Management Conference (PFMC 2018); Paris, France and the 28th Annual Meeting of the European Financial Management Association (EFMA 2019); Ponta Delgada, Portugal
(2018)
Enhancing Market Liquidity through Liquidity Provider Incentives
EFL Quarterly, 1/2018
(2017)
Managing Excess Volatility: Design and Effectiveness of Circuit Breakers
Working Paper; presented at the 34th International Conference of the French Finance Association (AFFI 2017); Valence, France and the Southern Finance Association 2017 Annual Meetings (SFA 2017); Key West, Florida, United States
(2017)
Coordination of Circuit Breakers? Volume Migration and Volatility Spillover in Fragmented Markets
Working Paper; presented at the CEPR-Imperial-Plato Inaugural Market Innovator (MI3) Conference; London, UK, the 24th Annual Meeting of the German Finance Association (DGF 2017); Ulm, Germany and the SFA 2017; Key West, Florida, United States
(2017)
Ensuring Market Integrity and Stability: Circuit Breakers on International Trading Venues
The Journal of Trading, Vol. 12, No. 1, pp. 42-54
(2016)
Circuit Breakers - A Survey among International Trading Venues
WFE Research Studies & Reports
(2016)
Price Discovery and Convergence in Fragmented Securities Markets
International Journal of Managerial Finance, Vol. 12, No. 4, pp. 381-407
(2015)
The Role of High-Frequency Trading for Order Book Resiliency
EFL Quarterly, 4/2015
Sponsors
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