Competition and the Industrial Organization of Securities Markets.

PositionConferences

A conference on "Competition and the Industrial Organization of Securities Markets" took place in Cambridge on December 1. Tarun Chordia of Emory University, Gideon Saar of Cornell University, and Faculty Research Fellow Mao Ye of University of Illinois at Urbana-Champaign organized the meeting. These researchers' papers were presented and discussed:

* Mariana Khapko, University of Toronto, and Marius A. Zoican, Universite Paris-Dauphine, "Smart Settlement"

* Markus Baldauf, University of British Columbia, and Joshua J. Mollner, Northwestern University, "Trading in Fragmented Markets"

* John W. Hatfield, University of Texas at Austin; Scott Duke Kominers, Harvard University; Richard Lowery, University of Texas at Austin; and Jordan M. Barry, University of San Diego School of Law, "Collusion in Markets with Syndication"

* Lin William Cong, University of Chicago...

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