Ryan Riordan

Queen's University - Smith School of Business

Associate Professor

Smith School of Business, Queen's University

143 Union Street

Kingston, Ontario K7L 3N6

Canada

SCHOLARLY PAPERS

26

DOWNLOADS
Rank 1,554

SSRN RANKINGS

Top 1,554

in Total Papers Downloads

22,942

SSRN CITATIONS
Rank 1,359

SSRN RANKINGS

Top 1,359

in Total Papers Citations

411

CROSSREF CITATIONS

485

Scholarly Papers (26)

1.
Downloads 5,491 ( 1,635)
Citation 278

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 Queen's University - Smith School of Business
Downloads 4,951 (1,929)
Citation 99

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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 Queen's University - Smith School of Business
Downloads 540 (60,283)
Citation 72

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

2.

High-Frequency Trading and Extreme Price Movements

Journal of Financial Economics (JFE), Forthcoming
Number of pages: 46 Posted: 28 Nov 2014 Last Revised: 19 Jun 2020
University of Utah - David Eccles School of Business, University of Memphis - Fogelman College of Business and Economics, Louvain School of Management (UCL), Queen's University - Smith School of Business, Wilfrid Laurier University - Lazaridis School of Business and Economics and University of Memphis - Fogelman College of Business and Economics
Downloads 3,233 (4,096)
Citation 28

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Extreme price movements, jumps, high-frequency trading

3.

Carbon Risk

Number of pages: 78 Posted: 10 Mar 2017 Last Revised: 19 Aug 2020
University of Augsburg, University of Augsburg, University of St. Gallen - School of Finance, Queen's University - Smith School of Business, University of Augsburg and University of Augsburg
Downloads 2,774 (5,320)
Citation 22

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

4.

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 Queen's University - Smith School of Business
Downloads 1,584 (13,275)
Citation 56

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

5.

Trading Fast and Slow: Colocation and Liquidity

Review of Financial Studies, Forthcoming
Number of pages: 57 Posted: 30 Aug 2013 Last Revised: 19 Jun 2020
University of Utah - David Eccles School of Business, Stockholm University - Stockholm Business School, Stockholm University - Stockholm Business School and Queen's University - Smith School of Business
Downloads 1,210 (20,061)
Citation 43

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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
Queen's University - Smith School of Business and Karlsruhe Institute of Technology
Downloads 1,144 (21,829)
Citation 26

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

7.

Price Discovery Without Trading: Evidence from Limit Orders

Journal of Finance, Forthcoming
Number of pages: 51 Posted: 05 Sep 2015 Last Revised: 19 Jun 2020
University of Utah - David Eccles School of Business, University of California, Berkeley - Haas School of Business and Queen's University - Smith School of Business
Downloads 1,103 (23,006)
Citation 40

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

8.

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 Queen's University - Smith School of Business
Downloads 1,090 (23,431)
Citation 4

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Investor sentiment, sentiment index, retail investors, option trading

9.

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 Queen's University - Smith School of Business
Downloads 948 (28,681)
Citation 42

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algorithmic trading, liquidity, market monitoring

10.

Do Multilateral Trading Facilities Contribute to Market Quality?

Number of pages: 36 Posted: 27 May 2011
Queen's University - Smith School of Business, Karlsruhe Institute of Technology and Stuttgart Stock Exchange
Downloads 703 (43,326)
Citation 21

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Market Quality, Competition, Fragmentation, MiFID, MTFs

11.

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 Queen's University - Smith School of Business
Downloads 662 (46,984)
Citation 14

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high frequency trading, liquidity, price efficiency, short selling

12.

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
Queen's University - Smith School of Business, Karlsruhe Institute of Technology, Stuttgart Stock Exchange and University of Manchester - Alliance Manchester Business School
Downloads 648 (48,302)
Citation 20

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

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, Queen's University - Smith School of Business and University of Mannheim - Finance Area
Downloads 371 (95,688)
Citation 5

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

14.

How to Measure the Liquidity of Cryptocurrencies?

Number of pages: 43 Posted: 01 Jan 2020 Last Revised: 08 Mar 2020
University of Klagenfurt, University of Graz, Queen's University - Smith School of Business and University of Mannheim - Finance Area
Downloads 292 (125,331)
Citation 2

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cryptocurrencies, liquidity, horse race

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

Number of pages: 43 Posted: 21 Feb 2017
Deutsche Bundesbank, Deutsche Bundesbank, Queen's University - Smith School of Business and Bank for International Settlements (BIS) - Monetary and Economic Department
Downloads 117 (281,853)
Citation 15

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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, Queen's University - Smith School of Business and Bank for International Settlements (BIS) - Monetary and Economic Department
Downloads 81 (362,513)

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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, Queen's University - Smith School of Business and Bank for International Settlements (BIS) - Monetary and Economic Department
Downloads 28 (574,328)

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

16.

The Chilling Effect of Regulation FD: Evidence from the SEC Endorsement of Social Media

Number of pages: 50 Posted: 31 May 2019 Last Revised: 15 Apr 2020
M. Al Guindy, James P. Naughton and Ryan Riordan
Carleton University - Eric Sprott School of Business, University of Virginia, Darden School of Business and Queen's University - Smith School of Business
Downloads 211 (171,810)
Citation 1

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Regulation FD, Social Media

17.

A High-Frequency Analysis of Bitcoin Markets

Proceedings of Paris December 2019 Finance Meeting EUROFIDAI - ESSEC
Number of pages: 39 Posted: 31 Oct 2019
University of Klagenfurt, University of Graz, Queen's University - Smith School of Business and University of Mannheim - Finance Area
Downloads 190 (190,074)
Citation 4

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18.

Intraday Jump Dynamics: What Predicts Price Jumps?

Number of pages: 48 Posted: 04 Oct 2019 Last Revised: 19 Feb 2020
Saad Khan and Ryan Riordan
Queen's University - Smith School of Business and Queen's University - Smith School of Business
Downloads 169 (209,644)

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

19.

The Social Internetwork and Stock Returns

Number of pages: 52 Posted: 16 Dec 2019 Last Revised: 23 Dec 2019
M. Al Guindy and Ryan Riordan
Carleton University - Eric Sprott School of Business and Queen's University - Smith School of Business
Downloads 162 (217,221)

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Networks, Cross-Asset Learning, Peer Firms, Wisdom of the Crowd

20.

Preventing Information Leakage

Number of pages: 61 Posted: 10 Apr 2019 Last Revised: 14 Apr 2021
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 Illinois University at Carbondale and Queen's University - Smith School of Business
Downloads 152 (229,095)

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brokers, informed trades, trading profits, information leakage

21.

Discovering Fundamental Value

Number of pages: 62 Posted: 10 Nov 2019
Evan Dudley, Saad Khan, Luke Phelps and Ryan Riordan
Queen's University - Smith School of Business, Queen's University - Smith School of Business, Queen's University - Smith School of Business and Queen's University - Smith School of Business
Downloads 149 (232,830)
Citation 1

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Machine Learning, Fundamental Value, Noise

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, Queen's University - Smith School of Business, EBS Universität für Wirtschaft und Recht - EBS Business School and EBS University, EBS Business School
Downloads 113 (288,996)
Citation 2

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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, Queen's University - Smith School of Business, EBS Universität für Wirtschaft und Recht - EBS Business School and EBS University, EBS Business School
Downloads 36 (528,255)
Citation 9

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uncertainty, liquidity, financial crisis, natural experiment

23.

Trading on Long-Term Information

Proceedings of Paris December 2020 Finance Meeting EUROFIDAI - ESSEC
Number of pages: 57 Posted: 13 Jul 2019 Last Revised: 13 Oct 2020
Corey Garriott and Ryan Riordan
TMX Group and Queen's University - Smith School of Business
Downloads 137 (250,709)
Citation 1

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Strategic trading, informed trading, price efficiency

24.

Efficient Cyber Risk: Security and Competition in Financial Markets

Number of pages: 59 Posted: 12 Mar 2020 Last Revised: 16 Jun 2020
Michael Brolley, David Cimon and Ryan Riordan
Wilfrid Laurier University - Lazaridis School of Business and Economics, Wilfrid Laurier University - School of Business & Economics and Queen's University - Smith School of Business
Downloads 66 (399,348)

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cyber risk, regulation, principal-agent, market structure, competition

25.

The Anatomy of a Fee Change - Evidence from Cryptocurrency Markets

Number of pages: 19 Posted: 25 Sep 2019
University of Klagenfurt, University of Graz, Queen's University - Smith School of Business and University of Mannheim - Finance Area
Downloads 60 (419,028)
Citation 1

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

26.

Informed Trader Competition

Number of pages: 54 Posted: 18 Feb 2021
Ryan Riordan and Corey Garriott
Queen's University - Smith School of Business and TMX Group
Downloads 18 (623,470)

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Strategic trading, informed trading, competition, signal correlation