Market Microstructure Meeting.

• Position: Program and Working Group Meetings - Conference notes - Brief article

The NBER's Working Group on Market Microstructure met in Cambridge on November 30, 2012. Tarun Chordia and Amit Goyal, Emory University; Charles Jones, Columbia Business School; Bruce Lehmann, University of California, San Diego and NBER; Gideon Saar, Cornell University, and Avanidhar Subrahmanyam, University of California, San Diego, organized the program. These papers were discussed:

* Carole Comerton-Forde, Australian National University, and Talis Putnins, University of Technology, Sydney, "Dark Trading and Price Discovery"

* Jean-Edouard Colliard, European Central Bank, "Catching Falling Knives: Speculating on Market Overreaction"

* Pete Kyle and Anna Obizhaeva, University of Maryland, "Large Bets and Stock Market Crashes"

* David Easley and Maureen O'Hara, Cornell University, and Liyan Yang, University of Toronto, "Opaque Trading, Disclosure...