7th Sydney Market Microstructure and Digital Finance Meeting
December 8-9, 2025 - Sydney, Australia
The Market Microstructure Meeting forms part of the Financial Research Network (FIRN) program of topic-specific research meetings designed to extend the body of knowledge within a specific research area through the presentation and discussion of cutting edge research and the building of stronger networks.
From Traditional to Decentralized Financial Markets
KEYNOTE SPEAKERS:
Professor Maureen O’Hara, Cornell University
Professor Agostino Capponi, Columbia University
MEETING OVERVIEW:
This two-day meeting brings together researchers, industry practitioners, and policy makers to discuss current issues and recent research on the microstructure of both traditional and digital financial markets. The conference will be held in-person in Sydney, Australia on December 8 and 9, 2025.
Topics: We invite submissions of empirical, theoretical, and experimental papers from all areas in market microstructure and digital finance including, but not limited to:
· Design of traditional and digital financial markets
· Liquidity, price efficiency, and integrity of traditional and digital markets
· Algorithmic and high-frequency trading
· Fragmentation of trading across venues
· Market surveillance and regulatory challenges in digital markets
· DeFi infrastructure (blockchain, smart contracts, oracles, and tokenization)
· DeFi/FinTech applications (DEXs, AMMs, NFTs, and tokenized securities)
The format of the meeting includes paper presentations and discussions and keynote presentations by Maureen O’Hara (Cornell University) and Agostino Capponi (Columbia University). The meeting will also include social functions.
Deadline for submissions is June 30, 2025. Participants will be notified by mid-August, 2025.
The meeting is hosted by the Financial Research Network (FIRN), the Digital Finance Cooperative Research Centre and the University of Technology Sydney (UTS). This meeting is part of the FIRN program of topic specific research meetings.
Programs from previous years can be found here.
ORGANISING COMMITTEE:
Dr. Ester Felez-Vinas
Prof. David Michayluk
Prof. Talis Putnin
CLICK HERE TO SUBMIT YOUR PAPER
SUBMISSION DEADLINE:
June 30, 2025 (23:59 EST)
PAPER SUBMISSION PROCEDURE:
In the submission, include two pdf copies of the paper:
(i) an anonymous copy and
(ii) a version that includes author details.
Please indicate which author would present the paper. There is no submission fee. Similarly, there is no conference fee for presenters of accepted papers.
Papers will be reviewed by the program committee and authors will be notified of the committee’s decision by mid-August, 2025.
For further information about the meeting, contact the organizing committee chair:
Ester Felez Vinas at ester.felezvinas@uts.edu.au
KEYNOTE SPEAKERS:
Professor Maureen O’Hara, Cornell University
Professor Agostino Capponi, Columbia University