Prior to joining Imperial, Emiliano Pagnotta has been an Assistant Professor at the New York University School of Business. Professor Pagnotta's research interests lie at the intersection of market microstructure, asset pricing, and the industrial organization of financial markets. His recent studies examine the effects of speed and trading fragmentation on asset prices and social welfare; the effect of central clearing reforms on prices and liquidity; the transmission of information in financial markets; and the consequences of new regulations on market quality and performance. Professor Pagnotta holds a BA in Economics from the University of Buenos Aires, an MA in Economics from Universidad de San Andrés, Argentina, and his Ph.D. from the Economics Department at Northwestern University.