Ryan Riordan

Smith School of Business

Associate Professor

Smith School of Business, Queen's University

143 Union Street

Kingston, Ontario K7L 3N6

Canada

SCHOLARLY PAPERS

21

DOWNLOADS
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SSRN RANKINGS

Top 1,714

in Total Papers Downloads

18,117

SSRN CITATIONS
Rank 1,500

SSRN RANKINGS

Top 1,500

in Total Papers Citations

197

CROSSREF CITATIONS

463

Scholarly Papers (21)

1.
Downloads 5,247 ( 1,384)
Citation 224

High Frequency Trading and Price Discovery

Number of pages: 61 Posted: 12 Oct 2011 Last Revised: 26 Apr 2013
University of Utah - David Eccles School of Business, University of California, Berkeley - Haas School of Business and Smith School of Business
Downloads 4,720 (1,650)
Citation 81

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high frequency trading, price formation, price discovery, pricing errors

High Frequency Trading and Price Discovery

ECB Working Paper No. 1602
Number of pages: 57 Posted: 08 Nov 2013
University of Utah - David Eccles School of Business, University of California, Berkeley - Haas School of Business and Smith School of Business
Downloads 527 (51,679)
Citation 22

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high frequency trading, price formation, price discovery, pricing errors

2.

High-Frequency Trading and Extreme Price Movements

Number of pages: 46 Posted: 28 Nov 2014 Last Revised: 10 Feb 2017
University of Utah - David Eccles School of Business, University of Memphis - Fogelman College of Business and Economics, Louvain School of Management (UCL), Smith School of Business, Wilfrid Laurier University - Lazaridis School of Business and Economics and University of Memphis - Fogelman College of Business and Economics
Downloads 2,464 (5,138)
Citation 15

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Extreme price movements, jumps, high-frequency trading

3.

Do Retail Investors Suffer from High Frequency Traders?

Number of pages: 52 Posted: 06 Dec 2012 Last Revised: 11 Jan 2018
Katya Malinova, Andreas Park and Ryan Riordan
McMaster University - Michael G. DeGroote School of Business, University of Toronto - Finance Area and Smith School of Business
Downloads 1,390 (13,266)
Citation 42

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high frequency trading, message tax, market quality, retail traders

4.

Carbon Risk

Number of pages: 65 Posted: 10 Mar 2017 Last Revised: 01 Mar 2019
University of Augsburg, University of Augsburg, University of Augsburg, Smith School of Business, University of Augsburg and University of Augsburg
Downloads 1,171 (17,258)
Citation 3

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Carbon risk, climate finance, climate change, economic transition, asset pricing

5.

Trading Fast and Slow: Colocation and Liquidity

Forthcoming in Review of Financial Studies
Number of pages: 57 Posted: 30 Aug 2013 Last Revised: 28 Aug 2015
University of Utah - David Eccles School of Business, Stockholm University - Stockholm Business School, Stockholm University - Stockholm Business School and Smith School of Business
Downloads 1,131 (18,192)
Citation 23

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colocation, high-frequency trading, liquidity, fast trading, proximity services

6.

Latency, Liquidity and Price Discovery

Journal of Financial Markets, Forthcoming
Number of pages: 34 Posted: 24 Aug 2008 Last Revised: 13 Apr 2012
Ryan Riordan and Andreas Storkenmaier
Smith School of Business and Karlsruhe Institute of Technology
Downloads 1,110 (18,723)
Citation 20

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Liquidity, Latency, Execution Speed, Exchange Systems, Price Discovery

7.

Price Discovery Without Trading: Evidence from Limit Orders

Finance Down Under 2017 Building on the Best from the Cellars of Finance
Number of pages: 51 Posted: 05 Sep 2015 Last Revised: 15 May 2018
University of Utah - David Eccles School of Business, University of California, Berkeley - Haas School of Business and Smith School of Business
Downloads 994 (22,025)
Citation 19

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High-Frequency Trading, Price Discovery, Limit Order Book, Fragmentation

8.

Algorithmic Trading and the Market for Liquidity

Journal of Financial and Quantitative Analysis (JFQA), Forthcoming
Number of pages: 45 Posted: 09 Feb 2012 Last Revised: 12 Apr 2012
Terrence Hendershott and Ryan Riordan
University of California, Berkeley - Haas School of Business and Smith School of Business
Downloads 901 (25,441)
Citation 26

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algorithmic trading, liquidity, market monitoring

9.

Retail Investor Sentiment and the Stock Market

Number of pages: 30 Posted: 06 Mar 2008
Matthias Burghardt, Marcel Czink and Ryan Riordan
University of Karlsruhe - Institute of Information Systems and Management, University of Karlsruhe - Institute of Information Systems and Management and Smith School of Business
Downloads 893 (25,794)
Citation 2

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Investor sentiment, sentiment index, retail investors, option trading

10.

Do Multilateral Trading Facilities Contribute to Market Quality?

Number of pages: 36 Posted: 27 May 2011
Smith School of Business, Karlsruhe Institute of Technology and Stuttgart Stock Exchange
Downloads 646 (40,124)
Citation 18

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Market Quality, Competition, Fragmentation, MiFID, MTFs

11.

Public Information Arrival: Price Discovery and Liquidity in Electronic Limit Order Markets

Journal of Banking and Finance, Forthcoming
Number of pages: 38 Posted: 04 Jun 2010 Last Revised: 12 Nov 2012
Smith School of Business, Karlsruhe Institute of Technology, Stuttgart Stock Exchange and University of Manchester - Alliance Manchester Business School
Downloads 635 (41,088)
Citation 16

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Information, Liquidity, Price Discovery, Firm Specific News, Limit Order Market, Information Arrival

12.

High Frequency Trading and the 2008 Short Sale Ban

Journal of Financial Economics (JFE), Forthcoming
Number of pages: 48 Posted: 15 Oct 2014 Last Revised: 11 Aug 2016
University of Utah - David Eccles School of Business, University of California, Berkeley - Haas School of Business and Smith School of Business
Downloads 628 (41,700)
Citation 12

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high frequency trading, liquidity, price efficiency, short selling

13.

Bitcoin Exchange Rates: How Integrated are Markets?

Number of pages: 49 Posted: 07 Oct 2018 Last Revised: 03 Jul 2019
University of Klagenfurt, University of Graz, Smith School of Business and University of Mannheim - Finance Area
Downloads 271 (113,317)
Citation 3

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Bitcoin, Cryptocurrencies, Market Integration, Liquidity, Bid-Ask Spread

Scarcity Effects of QE: A Transaction-Level Analysis in the Bund Market

Number of pages: 43 Posted: 21 Feb 2017
Deutsche Bundesbank, Deutsche Bundesbank, Smith School of Business and Bank for International Settlements (BIS) - Monetary and Economic Department
Downloads 105 (260,073)
Citation 10

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Quantitative Easing, European Central Bank, Scarcity Channel, Bond Market Liquidity, High-Frequency Data

Scarcity Effects of QE: A Transaction-Level Analysis in the Bund Market

BIS Working Paper No. 625
Number of pages: 47 Posted: 29 Apr 2017
Deutsche Bundesbank, Deutsche Bundesbank, Smith School of Business and Bank for International Settlements (BIS) - Monetary and Economic Department
Downloads 52 (391,191)

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Easing, European Central Bank, Scarcity Channel, Bond Market Liquidity, High-Frequency Data

Scarcity Effects of QE: A Transaction-Level Analysis in the Bund Market

Bundesbank Discussion Paper No. 06/2017
Number of pages: 43 Posted: 24 Apr 2017
Deutsche Bundesbank, Deutsche Bundesbank, Smith School of Business and Bank for International Settlements (BIS) - Monetary and Economic Department
Downloads 17 (564,307)

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Quantitative Easing, European Central Bank, Scarcity Channel, Bond Market Liquidity, High-Frequency Data

The Effects of Uncertainty on Market Liquidity: Evidence from Hurricane Sandy

Number of pages: 43 Posted: 11 May 2018
ZEW – Leibniz Centre for European Economic Research, Smith School of Business, EBS Universität für Wirtschaft und Recht - EBS Business School and EBS University, EBS Business School
Downloads 97 (274,635)

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uncertainty, market liquidity, natural experiment

The Effects of Uncertainty on Market Liquidity: Evidence from Hurricane Sandy

ZEW - Centre for European Economic Research Discussion Paper No. 18-024
Number of pages: 45 Posted: 16 May 2018
ZEW – Leibniz Centre for European Economic Research, Smith School of Business, EBS Universität für Wirtschaft und Recht - EBS Business School and EBS University, EBS Business School
Downloads 27 (500,604)

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uncertainty, liquidity, financial crisis, natural experiment

16.

The Chilling Effect of Regulation FD: Evidence from Twitter

Number of pages: 47 Posted: 31 May 2019
M. Al Guindy, James P. Naughton and Ryan Riordan
Carleton University - Eric Sprott School of Business, University of Virginia, Darden School of Business and Smith School of Business
Downloads 119 (236,525)
Citation 1

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Regulation FD, Social Media

17.

Preventing Information Leakage

Number of pages: 52 Posted: 10 Apr 2019 Last Revised: 23 Sep 2019
Jonathan Brogaard, Dan Li, Matthew Ma and Ryan Riordan
University of Utah - David Eccles School of Business, The University of Hong Kong - School of Economics and Finance, Southern Methodist University and Smith School of Business
Downloads 89 (288,250)

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brokers, informed trades, trading profits, information leakage

18.

Trading on Long-Term Information

Number of pages: 48 Posted: 13 Jul 2019
Corey Garriott and Ryan Riordan
Bank of Canada and Smith School of Business
Downloads 56 (372,081)

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Strategic trading, informed trading, price efficiency

19.

Intraday Jump Dynamics: What Predicts Price Jumps?

Number of pages: 53 Posted: 04 Oct 2019
Saad Khan and Ryan Riordan
Queen's University and Smith School of Business
Downloads 43 (420,265)

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jumps, price efficiency, high frequency price discovery, market liquidity

20.

The Anatomy of a Fee Change - Evidence from Cryptocurrency Markets

Number of pages: 19 Posted: 25 Sep 2019
University of Klagenfurt, University of Graz, Smith School of Business and University of Mannheim - Finance Area
Downloads 27 (486,578)

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cryptocurrencies, trading fees, market liquidity, maker-taker fees

21.

Discovering Fundamental Value

Number of pages: 62
Evan Dudley, Saad Khan, Luke Phelps and Ryan Riordan
Queen's University - Smith School of Business, Queen's University, Queen's University and Smith School of Business
Downloads 4

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Machine Learning, Fundamental Value, Noise