Independent researcher in market microstructure, exchange design, and crypto markets. Singapore.
| # | Paper | Topic |
|---|---|---|
| 1 | Liquidity Fragmentation and ETF Price Impact | Kyle (1985) extension · IV: F=89.5 · No reversal at 12 months |
| 2 | Price Impact of Spot Bitcoin ETF Flows | $100M inflow → +0.20% BTC (causal) |
| 3 | Random Queue Priority in Limit Order Books | Submitted to Management Science |
| 4 | When Is Queue Position Informative? | 43M NASDAQ L3 records · Tariff shock |
| 5 | Order Book Dynamics: Liberation Day | Tick-level event study · 20 stocks |
| 6 | Did the Supreme Court Restore Normalcy? | Natural experiment · DiD |
| 7 | CeFi vs DeFi Venue Performance | Oct 2025 crypto cascade |
| 8 | The Starfall Effect System | Game theory · Mechanism design |