ECO463H1: Financial Market Innovation

A research-oriented course that explores the impact of technological developments on the industrial organization of financial markets. Topics include: the impact of the automated financial products and procedures (e.g., algorithmic trading and robo-advising) on the price formation process, the economic impact of new tools and technologies (e.g., blockchain, digital currencies, and predictive analytics such as machine learning), the emergence of alternative financing methods such as crowdfunding and peer-to-peer lending.