Authors are encouraged to submit papers from all areas of market microstructure. Relevant topics include, but are not limited to:

• The fragmentation of clearing and trading

• Market quality and the impact of central bank operations

• The impact of prudential regulation on market liquidity

• The industrial organization of financial market infrastructures

• Macroeconomic implications of market microstructure

• Microstructure effects of non-standard monetary policy measures

• Flash crashes in financial markets

• The functioning of OTC derivatives markets

• The microstructure of the interbank market

• Market inefficiencies and asset management