Mikel Tapia
Professor of Finance (on leave)
Education
- Doctorate in Economics from the University of the Basque Country.
- Degree in Economics from the University of the Basque Country.
Research Interests
Market microstructure, Liquidity, Algo and High Frequency Trading
Selected publications
Martinez, M.A. & Tapia, M. Voluntary pre-trade anonymity and market liquidity, Spanish Journal of Finance and Accounting / Revista Española de Financiación y Contabilidad, 2021, 1-19. Cartea, A, Payne, R., Penalva, J. & Tapia, M. Ultra-Fast Activity and Intraday Market Quality, Journal of Banking and Finance vol. 99, 2019, 157-181. Platania, E., Serrano, P & Tapia, M. Modeling the shape of the limit order book, Quantitative Finance vol. 18 (9), 2018, 1575-1597. Tapia, M. Fragmentation vs. consolidation in Spanish Stock Exchange. A note, The Spanish Review of Financial Economics, vol 15 (1), 2017, 33-39. Gibbs, M. Tapia, M. & Warzynski, F. Globalization, Superstars, and Reputation: Theory & Evidence from the Wine Industry. Journal of Wine Economics, 4(1), 2009, 46-61. Martínez. M.A., Nieto, B., Rubio, G & Tapia, M. Asset Pricing and Systematic Liquidity Risk: an Empirical Investigation of the Spanish Stock Market, International Review of Economics & Finance vol. 14 (1), 2005, 81-103. Espinosa, M., Tapia, M. & Trombetta M. Disclosure and liquidity in a driven by orders market : empirical evidence from panel data. Investigaciones económicas, v. 32, n. 3, 2008, pp. 339-369 Tapia, M., Pascual, R. & Escribano, A.: “Adverse Selection Costs, Trading Activity and Liquidity in the NYSE: An Empirical Analysis“, Journal of Banking and Finance vol. 28 (1), Enero 2004, 107-128.
Mikel Tapia is a Professor of Finance at UC3M. His teaching and research have focused on studying the consequences of market design on both valuation and different characteristics of financial assets. The result is the publication of various works in journals such as the Journal of Banking and Finance or Quantitative Finance.
Tapia, M., Cartea, A, Payne, R. & Penalva, J.: "Ultra-Fast Activity and Intraday Market Quality", Journal of Banking and Finance vol. 99 (C), 2019, 157-181. Tapia, M., Platania, E. & Serrano, P.: "Modeling the shape of the limit order book", Quantitative Finance vol. 18 (9), 2018, 1575-1597. Tapia, M. "Fragmentation vs. consolidation in Spanish Stock Exchange. A note", The Spanish Review of Financial Economics vol. 15 (1), Enero-Junio 2017, 33–39. Tapia, M., Gibbs, M. & Warzynski, F. "Globalization, Superstars, and Reputation: Theory & Evidence from the Wine Industry", Journal of Wine Economics, 4 (1), Primavera 2009, 50–65. Tapia, M., Espinosa, M. & Trombetta, M.: "Disclosure and Liquidity in a Driven by Orders Market: Empirical Evidence from Panel Data", Investigaciones Económicas vol. 32, 2008, 339-370. Tapia, M., Gil-Bazo, J. & Moreno, D.: "Price Dynamics, Informational Efficiency and Wealth Distribution in Continuous Double Auction Markets", Computational Intelligence vol. 23 (2), Mayo 2007, 176-196. Tapia, M., Martínez. M.A., Nieto, B. & Rubio, G.: "Asset Pricing and Systematic Liquidity Risk: an Empirical Investigation of the Spanish Stock Market", International Review of Economics & Finance vol. 14 (1), 2005, 81-103. Tapia, M., Pascual, R. & Escribano, A.: "Adverse Selection Costs, Trading Activity and Liquidity in the NYSE: An Empirical Analysis", Journal of Banking and Finance vol. 28 (1), Enero 2004, 107-128.
- Address / Office: C/ Madrid, 126 - 28903 Getafe (Madrid) Spain / 6.0.40
BUSINESS UC3M
@UC3M_BUSINESS