Rotman Finance Professor Wins Capital Markets Best Paper Award

Toronto – A paper co-authored by Tom McCurdy, a professor of finance at the University of Toronto’s Rotman School of Management, has won theCapital Markets Best Paper Award at the 2023 European Financial Management Association Conference held earlier this summer.

“Does News, Order Flow, or Illiquidity drive jumps in stock returns? In the day or in the night?” is co-authored by Prof. McCurdy with Prof. Yoontae Jeon from McMaster University, who is a graduate of the Rotman PhD program, and Prof. Stephen Szaura from BI Norwegian Business School.

McCurdy holds the Bonham Chair in International Finance and is the founder of the BMO Financial Group Finance Research and Trading Lab

The Rotman School of Management is part of the University of Toronto, a global centre of research and teaching excellence at the heart of Canada’s commercial capital. Rotman is a catalyst for transformative learning, insights and public engagement, bringing together diverse views and initiatives around a defining purpose: to create value for business and society. For more information, visit www.rotman.utoronto.ca

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For more information:

Ken McGuffin
Manager, Media Relations
Rotman School of Management
University of Toronto
E-mail: mcguffin@rotman.utoronto.ca