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APPLIED FINANCE

The Centre aims to explore and promote a multidisciplinary approach to research in all areas of finance. The Centre is focused on empirical nance, issues related to emerging markets, their implications to the pro tability of nancial market intermediaries, the stability of the nancial system, and the welfare of nancial service consumers. Research areas include ef ciency of emerging derivatives markets (equity, commodity, currency and xed income securities), regulation arbitrage in nancial markets, emerging nancial systems, and their role in corporate governance.