SUERF and Bank of Finland
Liquidity and Market Efficiency – Alive and Well?
3 July 2015, Helsinki
Dear Sir and Madam,
SUERF - The European Money and Finance Forum has the pleasure of inviting you to the 6th joint conference
with Bank of Finland, which will take place in Helsinki on 3 July 2015 on
“Liquidity and Market Efficiency – Alive and Well?”.
The conference will be opened by Erkki Liikanen, Governor of the Bank of Finland, and highlights the following keynote addresses:
Bengt Holmström, MIT
Peter Fisher, BlackRock Investment
Institute,
and Tuck School of Business Dartmouth
George Pennacchi, University
of Illinois at Urbana-Champaign
Hyun Song Shin, BIS
Motivation -
The recent financial crisis has given a serious blow to the doctrine of market efficiency. At the same time the need has arisen to better understand liquidity which
evaporated in the midst of the crisis. How are liquidity and market efficiency related? It has been argued that liquidity in stock and debt markets, especially in short-term money markets, may be maximized under very different conditions regarding the information
content of market prices. What are the implications for systemic risks and financial stability? This one-day conference aims to bring together experts from all sides to better understand the key concepts of market liquidity and efficiency in different markets
that research has helped to identify, the incentives facing practitioners in the market place, and the role regulation may have in correcting any market failures.
Conference Registration:
Participation is free of charge, but advanced registration is required at
http://www.suerf.org/registration/2733/helsinki2015
Conference Dinner, 2 July 2015
Participants are invited to attend a dinner hosted by Bank of Finland on the evening of 2 July 2015 (Bank of Finland/Banqueting Hall, Snellmaninaukio). Please confirm whether you will be attending the dinner when registering for the conference.
Hotel Accommodation
Block bookings have been made at the
GLO Hotel Kluuvi Helsinki for the nights of 2-4 July 2015. The rate is EUR 140/per night (single) and EUR 155/per night (double), second night during weekend is 125 €/per night (single) and 140 €/ per night (double), both including breakfast. Please note
that participants are responsible for making their own booking. For the preferential hotel rate, please mention the code “ALLBOF0207 “. Please book your hotel stay by
15 June at the latest. Availability of rooms cannot be guaranteed after this date.
We look forward to welcoming you in Helsinki.
Yours sincerely,
SUERF Secretariat
