All Stories

  1. Wokeness on the line: AI-based analysis of the Trump effect on corporate ESG communication and market reaction

    Article • Finance Research Letters, June 2026, Elsevier

    Benjamin Clapham

  2. Retail Order Flow Segmentation, Price Improvements, and Market Quality: Evidence from Xetra Retail

    Article • January 2026, Elsevier

    Benjamin Clapham

  3. Market Making without Adverse Selection: Evidence from Retail Savings Plans

    Article • January 2026, Elsevier

    Benjamin Clapham

  4. Misconduct in Crypto Asset Markets and the Role of Regulatory Enforcement

    Article • January 2026, Elsevier

    Benjamin Clapham

  5. A long-term analysis of research unbundling: implications for research provision and market quality

    Article • Journal of Business Economics, October 2024, Springer Science + Business Media

    Benjamin Clapham

  6. Nonstandard Errors

    Article • The Journal of Finance, April 2024, Wiley

    Thomas Dimpfl, Professor Massimiliano Caporin, Felix Holzmeister, Benjamin Clapham

  7. Give Them a Second Chance? Prediction of Recurrent Financial Intermediary Misconduct

    Article • January 2023, Springer Science + Business Media

    Benjamin Clapham

  8. Policy making in the financial industry: A framework for regulatory impact analysis using textual analysis

    Article • Journal of Business Economics, November 2022, Springer Science + Business Media

    Benjamin Clapham

  9. The Impact of High-Frequency Trading on Modern Securities Markets

    Article • Business & Information Systems Engineering, September 2022, Springer Science + Business Media

    Benjamin Clapham

  10. Drivers and Effects of Stock Market Fragmentation – Insights on SME Stocks

    Article • January 2022, Elsevier

    Benjamin Clapham

  11. To Bundle or Not to Bundle? A Review of Soft Commissions and Research Unbundling

    Article • Financial Analysts Journal, June 2021, Taylor & Francis

    Benjamin Clapham

  12. Liquidity provider incentives in fragmented securities markets

    Article • Journal of Empirical Finance, January 2021, Elsevier

    Benjamin Clapham

  13. To Bundle or Not to Bundle? A Review of Soft Commissions and Research Unbundling

    Article • January 2021, Elsevier

    Benjamin Clapham

  14. DOES SPEED MATTER? THE ROLE OF HIGH‐FREQUENCY TRADING FOR ORDER BOOK RESILIENCY

    Article • The Journal of Financial Research, December 2020, Wiley

    Benjamin Clapham

  15. Who Is the Next “Wolf of Wall Street”? Detection of Financial Intermediary Misconduct

    Article • Journal of the Association for Information Systems, September 2020, Association for Information Systems

    Benjamin Clapham

  16. Enterprise Applications, Markets and Services in the Finance Industry

    Article • January 2020, Springer Science + Business Media

    Benjamin Clapham

  17. Popular News Are Relevant News! How Investor Attention Affects Algorithmic Decision-Making and Decision Support in Financial Markets

    Article • Information Systems Frontiers, November 2019, Springer Science + Business Media

    Benjamin Clapham

  18. The MiFIR Trading Obligation: Impact on Trading Volume and Liquidity in Electronic Trading

    Article • January 2019, Springer Science + Business Media

    Benjamin Clapham

  19. The Impact of MiFID II/MiFIR on European Market Structure: A Survey among Market Experts

    Article • The Journal of Trading, March 2018, Institutional Investor Journals

    Benjamin Clapham

  20. The MiFIR Trading Obligation: Impact on Trading Volume and Liquidity

    Article • SSRN Electronic Journal, January 2018, Elsevier

    Benjamin Clapham

  21. Circuit Breakers A Survey Among International Trading Venues

    Article • SSRN Electronic Journal, January 2018, Elsevier

    Benjamin Clapham

  22. Is There a Magnet Effect of Rule-Based Circuit Breakers in Times of High-Frequency Trading?

    Article • January 2018, Elsevier

    Benjamin Clapham

  23. A Classification of Financial Market Manipulations

    Article • Journal of Information Technology, March 2017, SAGE Publications

    Benjamin Clapham

  24. Managing Excess Volatility: Design and Effectiveness of Circuit Breakers

    Article • SSRN Electronic Journal, January 2017, Elsevier

    Benjamin Clapham

  25. Coordination of Circuit Breakers? Volume Migration and Volatility Spillover in Fragmented Markets

    Article • SSRN Electronic Journal, January 2017, Elsevier

    Benjamin Clapham

  26. Liquidity Provider Incentives in Fragmented Securities Markets

    Article • SSRN Electronic Journal, January 2017, Elsevier

    Benjamin Clapham

  27. Ensuring Market Integrity and Stability: Circuit Breakers on International Trading Venues

    Article • The Journal of Trading, December 2016, Institutional Investor Journals

    Benjamin Clapham

  28. Price discovery and convergence in fragmented securities markets

    Article • International Journal of Managerial Finance, August 2016, Emerald

    Benjamin Clapham

  29. Does Speed Matter? The Role of High-Frequency Trading for Order Book Resiliency

    Article • SSRN Electronic Journal, January 2015, Elsevier

    Benjamin Clapham