I am currently an Assistant Professor of Finance in the Lazaridis School of Business and Economics at Wilfrid Laurier University. My research focuses primarily on theoretical modelling of issues in market microstructure, with a particular interest in problems of asymmetric information. My current work analyses the theoretical impact of recent innovations to equity markets: dark pools, maker-taker fees, and high-frequency trading.

Office - LH4071; Tel - (519) 884-0710 x4836
E-mail: mbrolley[at]wlu.ca; mikerostructure[at]gmail.com
On The Web: SSRN, ResearchGate, Google Scholar, @mikerostructure

Current Working Papers

[1] Order Flow Segmentation, Liquidity, and Price Discovery: The Role of Latency Delays (joint with David Cimon)
    - Revise and Resubmit at the Journal of Financial and Quantitative Analysis

[2] Informed Trading in a Low-Latency Limit Order Market (joint with Katya Malinova)

[3] Follow the Leader: How Founder-Outside Investor Alignment Affects Post-IPO Returns (joint with D. Amaya and B. Smith)