FESE Announces The Winner Of The Josseph De La Vega Prize 2016

The Federation of European Securities Exchanges (FESE) is delighted to announce that this year's winners of the De la Vega Prize 2016 areMarlene D. Haas and Marius A. Zoican for their paper "Discrete or continuous trading? HFT competition and liquidity on batch auction markets". Marlene D. Haas is affiliated with Vienna Graduate School of Finance and University of Vienna and Marius A. Zoican is affiliated with Université Paris-Dauphine, PSL Research University, DRM Finance.

The De la Vega Advisory Jury agreed to also assign a'special mention' for its merits to the paper"BackRunning: Seeking and Hiding Fundamental Information in Order Flows" of Liyan Yang and Haoxiang Zhu from Rotman School of Management, University of Toronto and MIT Sloan School of Management.

The Prize was awarded by FESE President Deirdre Somers, CEO of the Irish Stock Exchange, and Rainer Riess, FESE Director General, on 15 th June 2016 at the Gala Dinner of the FESE Convention in Malta.

Read the Press Release here.