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Faculty Profile

Yueshen, Bart ZHOU's photo

Yueshen, Bart ZHOU

Full-time Faculty
Associate Professor of Finance
Lee Kong Chian School of Business LKCSB

Home Page

Education

2014 PhD in Finance, VU University Amsterdam and Tinbergen Institute
2011 MPhil in Finance, The University of Amsterdam and Tinbergen Institute
2009 Bachelor of Economics and Finance, The University of Hong Kong

Current Position(s) Held

Jan 2025 - Present   Associate Professor of Finance
Lee Kong Chian School of Business, Singapore Management University
Sep 2023 - Jan 2025    Assistant Professor of Finance
Lee Kong Chian School of Business, Singapore Management University

Awards, Recognition and Honors

  • 2024: Best Paper Award at 2024 Plato Market Innovator (MI3) Conference.
  • 2023: 2023 Management Science Meritorious Service Award.
  • 2020: 2nd Best Paper Award at 28th SFM Conference
  • 2019: Deans' Commendation for Excellence in MBA Teaching 2018-2019, INSEAD.
  • 2018: Best Paper by a Young Researcher Award (received by coauthor) at 2nd Plato Market Innovator (MI3) Conference, London.
  • 2017: Best Paper Award at 14th Annual Conference in Financial Economics Research by Eagle labs, Tel Aviv.
  • 2015: TCW Best Paper Award at China International Conference in Finance (CICF), Shenzhen. Best Paper Award at Finance Down Under, Melbourne.
  • 2014: Cubist Systematic Strategies PhD Candidate Award for Outstanding Research at Western Finance Association (WFA) Meeting.
  • 2013: Best High-Frequency Trading Paper at 11th Paris December Finance Meeting.

Research Interests

  • Market Microstructure

Journal Articles (Refereed)

  • Bart Zhou Yueshen. 2025. “Queuing Uncertainty of Limit Orders.” Management Science, forthcoming. DOI: 10.1287/mnsc.2023.03371.

  • Markus Baldauf, Joshua Mollner and Bart Zhou Yueshen. 2024. “Siphoned apart: A portfolio perspective on order flow fragmentation.” Journal of Financial Economics 154(April 2024), 103807. DOI: 10.1016/j.jfineco.2024.103807.

  • Shiyang Huang Bart Zhou Yueshen and Cheng Zhang. 2024. “Derivatives and Market (Il)liquidity.” Journal of Financial and Quantitative Analysis 59(1), 157-194. DOI: 10.1017/S0022109023000224.

  • Albert J. Menkveld and 342 coauthors. 2023. “Non-Standard Errors.” The Journal of Finance 79(3), 2339-2390. DOI: 10.1111/jofi.13337.

  • Sergei Glebkin, Bart Zhou Yueshen, and Ji Shen. 2023. “Simultaneous Multilateral Search.” The Review of Financial Studies 23(2), 571-614. DOI: 10.1093/rfs/hhac009.

  • Shiyang Huang and Bart Zhou Yueshen. 2021. “Speed Acquisition.” Management Science 67(10), 3492-3518. DOI: 10.1287/mnsc.2020.3669.

  • Albert J. Menkveld and Bart Zhou Yueshen. 2019. “The Flash Crash: A Cautionary Tale about Highly Fragmented Markets.” Management Science 65(10), 4470-4488. DOI: 10.1287/mnsc.2018.3040.

  • Albert J. Menkveld, Bart Zhou Yueshen, and Haoxiang Zhu. 2017. “Shades of Darkness: A Pecking Order of Trading Venues.” Journal of Financial Economics 124(3), 503-524. DOI: 10.1016/j.jfineco.2017.03.004.

68289557
Curriculum Vitae

Research Areas and Areas of Expertise

Strategic Priorities

Highlights
12
Publications
10
H-Index (All Time)
728
Citations (All Time)
Bart Zhou Yueshen is a leading scholar in financial economics, specializing in market microstructure, trading mechanisms, and the impact of market design on liquidity and efficiency.

Renowned for rigorous theoretical and empirical research that advances understanding of how trading mechanisms and market structure affect liquidity, efficiency, and stability; work has influenced both academic thought and regulatory policy in financial markets.

Focused research areas include Theoretical and empirical analysis of financial markets, with emphasis on limit order books, market fragmentation, high-frequency trading, and the regulatory implications of market structure.
Areas of Expertise
market microstructure
This highlights are AI-generated content using the faculty's CV.

Home Page

Education

2014 PhD in Finance, VU University Amsterdam and Tinbergen Institute
2011 MPhil in Finance, The University of Amsterdam and Tinbergen Institute
2009 Bachelor of Economics and Finance, The University of Hong Kong

Current Position(s) Held

Jan 2025 - Present   Associate Professor of Finance
Lee Kong Chian School of Business, Singapore Management University
Sep 2023 - Jan 2025    Assistant Professor of Finance
Lee Kong Chian School of Business, Singapore Management University

Awards, Recognition and Honors

  • 2024: Best Paper Award at 2024 Plato Market Innovator (MI3) Conference.
  • 2023: 2023 Management Science Meritorious Service Award.
  • 2020: 2nd Best Paper Award at 28th SFM Conference
  • 2019: Deans' Commendation for Excellence in MBA Teaching 2018-2019, INSEAD.
  • 2018: Best Paper by a Young Researcher Award (received by coauthor) at 2nd Plato Market Innovator (MI3) Conference, London.
  • 2017: Best Paper Award at 14th Annual Conference in Financial Economics Research by Eagle labs, Tel Aviv.
  • 2015: TCW Best Paper Award at China International Conference in Finance (CICF), Shenzhen. Best Paper Award at Finance Down Under, Melbourne.
  • 2014: Cubist Systematic Strategies PhD Candidate Award for Outstanding Research at Western Finance Association (WFA) Meeting.
  • 2013: Best High-Frequency Trading Paper at 11th Paris December Finance Meeting.

Research Interests

  • Market Microstructure

Journal Articles (Refereed)

  • Bart Zhou Yueshen. 2025. “Queuing Uncertainty of Limit Orders.” Management Science, forthcoming. DOI: 10.1287/mnsc.2023.03371.

  • Markus Baldauf, Joshua Mollner and Bart Zhou Yueshen. 2024. “Siphoned apart: A portfolio perspective on order flow fragmentation.” Journal of Financial Economics 154(April 2024), 103807. DOI: 10.1016/j.jfineco.2024.103807.

  • Shiyang Huang Bart Zhou Yueshen and Cheng Zhang. 2024. “Derivatives and Market (Il)liquidity.” Journal of Financial and Quantitative Analysis 59(1), 157-194. DOI: 10.1017/S0022109023000224.

  • Albert J. Menkveld and 342 coauthors. 2023. “Non-Standard Errors.” The Journal of Finance 79(3), 2339-2390. DOI: 10.1111/jofi.13337.

  • Sergei Glebkin, Bart Zhou Yueshen, and Ji Shen. 2023. “Simultaneous Multilateral Search.” The Review of Financial Studies 23(2), 571-614. DOI: 10.1093/rfs/hhac009.

  • Shiyang Huang and Bart Zhou Yueshen. 2021. “Speed Acquisition.” Management Science 67(10), 3492-3518. DOI: 10.1287/mnsc.2020.3669.

  • Albert J. Menkveld and Bart Zhou Yueshen. 2019. “The Flash Crash: A Cautionary Tale about Highly Fragmented Markets.” Management Science 65(10), 4470-4488. DOI: 10.1287/mnsc.2018.3040.

  • Albert J. Menkveld, Bart Zhou Yueshen, and Haoxiang Zhu. 2017. “Shades of Darkness: A Pecking Order of Trading Venues.” Journal of Financial Economics 124(3), 503-524. DOI: 10.1016/j.jfineco.2017.03.004.