Innovation has always been an integral part of financial markets. Today, even after the devastating effects of the Great Recession, innovation continues to be an important factor in achieving a competitive edge in financial markets. Some might argue that due to the Great Recession and global economic slowdown, financial services innovation is the only way to increase profitability because the old tools used in financial services management have been compromised. Securitisation and mortgage backed securities have been blamed for the real estate meltdown and we need to seek new ways to innovate and control risk.
The goal of this special issue is to study and evaluate the use of existing securities and derivatives in financial services management and to propose new tools and techniques to control risk in this area. The issue welcomes empirical papers, event studies, extensions of past studies and case studies in the general area of securities and derivatives use in financial markets.
Suggested topics include, but are not limited to:
- Research that examines volatility in financial markets
- Research that examines market microstructure in financial markets
- Research that examines indexing in financial markets
- Research that examines behavioral aspects of financial markets
- Research that examines international financial market issues
Submission of manuscripts: October 15, 2013
Notification to authors: December 15, 2013