Education
Ph.D.in Finance - HEC School of Management - 2003
M.Sc. in Economics - EHESS, Paris - 1999
M.A. in Finance - University Paris IX-Dauphine - 1997
B.A. (Major: Corporate Finance) - EDHEC Business School - 1996
Biography
Research Areas
Areas
Microstructure of Financial Markets
Academic Publications
Articles
"Transparency matters: Price formation in the presence of order preferencing" (L. Lescourret, C. Robert), Journal of Financial Markets, May 2011, Vol. 14, Issue 2, p. 227‑258 ( )
"Extreme dependence of multivariate catastrophic losses" (L. Lescourret, C. Robert), Scandinavian Actuarial Journal, Jul 2006, Vol. 2006 , Issue 4, p. 203‑225
"Les bourses face au défi de l'internalisation" (L. Lescourret), Problèmes Economiques, Dec 2005, Issue 2.888, p. 25‑27
"Information Sharing, Liquidity and Transaction Costs in Floor-Based Trading Systems" (T. Foucault), Finance, Dec 2003, Vol. 24, p. 45‑78
Chapters
A first look at the microstructure of CDS markets. In: Proceedings of the 1st International Financial Research Forum (with A. Fulop). : Economica, Monique Jeanblanc. 2008, p. -
Working papers
"Information barter and floor trading" (with T. Foucault). HEC , CR 742/2001 Dec 20.
"Preferencing, Internalization and Dealer Inventory - Paper and Proofs" (L. Lescourret). Essec Research Center, DR‑06017 Oct 06.
Other Publications
Articles published in conference proceedings
"Liquidity externalities and buyout delisting activity", With JM. Gaspar. In : SSRN, European Finance Association. Frankfurt (Germany) : EFA, 2010 ( )
"How liquid is the CDS market?", With A. Fulop. In : EFA 2008 ATHENS MEETINGS, EFA conference. Athens (Greece) : SSRN, 2008
"Transparency matters: Price formation in presence of order preferencing", With C. Robert. In : 2nd WORKSHOP ON FINANCIAL MARKET QUALITY, 2nd NYSE-Euronexy/ Dauphine Workshop on financial market quality. Paris (France) : NYSE-Euronext / Dauphine, 2008
"Liquidity supply in multiple markets", With S. Moinas. In : EFMA 2006 , EFMA 2006 . Madrid (Espagne) : EFMA, 2006
"Preferencing, Internalization and Dealer Inventory", With C. Robert. In : Proceedings of International Conference on New Financial Market Structures,. Montréal (Canada) : HEC Montréal, 2005
"Why is there heterogeneity among dealers' behavior during the Nasdaq preopening session? ", With C. Robert. In : EFMA Basel Meeting Paper, EFMA Basel Meeting. ? (?) : SSRN, 2003
Awards and Distinctions
Laureate of the "Prix de Thèse FNEGE-AFFI 2004" for the doctoral dissertation
Scientific Activities
Conference Presentations
"Preferencing, Internalization, and Dealer Inventory", (with C. Robert). Annual Conference on Market Structure and Market Integrity, Market Regulation Services ¿ DeGroote School of Business, Toronto, CANADA, 13 Nov 2006
"Liquidity supply in multiple markets", (with S. Moinas). Annual Conference on Market Structure and Market Integrity, Market Regulation Services ¿ DeGroote School of Business, Toronto, CANADA, 13 Nov 2006
INTERNATIONAL CONFERENCES
2006: EFMA - European Financial Management Association in Madrid, Spain (June, planned)
2005: International Conference on New Financial Market Structures (HEC Montréal, Canada), EFMA - European Financial Management Association (Milan, Italy)
2004: EFMA - European Financial Management Association (Basel, Swizerland)
2001: FMA - Financial Management Association European Conference (Paris)
2000: EEA, European Economic Association (Bolzano, Italy)
NATIONAL CONFERENCES
French Finance Association (AFFI) : Cergy-Pontoise (June 2004), Lyon (June 2003), Strasbourg (June 2002), Namur(June 2001), Paris (June 2000)
French Applied Microeconomics Conference(JMA) - Montpellier (2003), Rennes/St Malo (2002), Nancy (2001).
INVITED SEMINARS, WORKSHOPS
2006: Dauphine Workshop on Financial Financial Market Quality (Paris, France), (coauthor presented)
2004: RTN MicFinMa Summer School "Economics and Econometrics of Market Microstructure", (Konstanz, Germany, June 2004) ; Univ. Namur (Belgium), CEREG seminar (Univ. Paris IX-Dauphine), THEMA seminar(Univ. Cergy-Pontoise).
2003: UCL-CORE seminar (Louvain, Belgium)
2002: Sixth Toulouse Finance Workshop (IDEI & Viel), CREST seminar (Paris)
2001: Seminar of the Finance department, Univ. Laval (Quebec)
2000: CREST seminar (Paris)
Affiliations and Academic Responsibilities
French Finance Association, AFFI
European Financial Management Association, EFMA
Professional Experience
Research fellow at the Center for Research in Economics and Statistics (CREST, Paris), (1999-current position).
Lecturer in "Microstructure of Financial Markets", ENSAE (France), (2000-current position).
Instructor in "Financial markets" and "Introduction to Microeconomics", Univ. of Cergy (France), (2002-2004)
Co-organizer of the French Association in Finance - AFFI Paris (December, 2001)
|
|
|
|
Useful Links
|
|
 |
Finance
|
|
|
|
|
Contact
|
|
E-mail
ESSEC Business School Av. Bernard Hirsch B.P. 50105 95021 Cergy Pontoise Cedex France
|
|
|
|
