Financial Markets, Investments, Digital Currencies

Derivative Markets, Fixed Income Securities, Investment Theories, Corporate Finance, Risk Management, Statistics

Journal Articles

• “Bitcoin Dilemma: Is Popularity Destroying Value?” 2020, Finance Research Letters, 33, article 101228.

• “Which Firms Benefit from Market Making?”, 2020, with Y. Peter Chung, Kenji Kutsuna, and Richard Smith, Financial Markets and Portfolio Management 34, 33-63.

• “What Causes the Asymmetric Correlation in Stock Returns?”, 2019, with Y. Peter Chung and Hyun A. Hong, Journal of Empirical Finance 54, 190-212.

• “Asymmetric Correlation as an Explanation for the Effect of Asset Skewness on Equity Returns”, with Y. Peter Chung, 2017, Asia Pacific Journal of Finanacial Studies 46 (5), 686-699

• “Extreme Returns and Herding of Trades”, with Y. Peter Chung, 2017, Review of Finance 21 (6), 2379–2399

• “On the transaction cost of Bitcoin”, 2017, Finance Research Letters 23, 300-305

• “Does Individual-Stock Skewness/Coskewness Reflect Portfolio Risk?”, 2015, Finance Research Letters, 15, 167-174.

• “Predecessors of Bitcoin and their implications for the prospect of virtual currencies”, 2015, Plos One 10(4)

• “The Win-Loss Ratio as an Ability Signal of Mutual Fund Managers: A Measure that is Less Influenced by Luck”, 2015, with Peter Y. Chung, Financial Markets and Portfolio Management, 29 (4), 301-336.

• “Are Trading Imbalances Indicative of Private Information?”, 2014, with Hans R. Stoll, Journal of Financial Markets 20, 151-174.

• “The Timing of Opening Trades and Pricing Errors”, 2013, Financial Management 42 (3), 503-516.

• “Is Bitcoin Immune to the COVID-19 Pandemic?”, with Svetlana Orlova, Applied Finance Letters, forthcoming.

• “Is it Worth to Hold Bitcoin?”, Finance Research Letters, forthcoming.

• Derivative Securities
• Futures and Options
• Statistics I

• American Finance Association
• Financial Management Association

• University Research Grant
• Beta Gamma Sigma
• Best Paper Award
• Doctoral Fellowship