? Session 1: Empirical Asset Pricing 1
? V-Shaped Disposition Effect, Stock Prices, and Post-Earnings-Announcement Drift: Evidence from Korea
Minki Kim (KAIST)
Toyoung Kim (KAIST)
Tong Suk Kim (KAIST)

? Risk Characteristic of Fat Tails in Return Distributions: A Case of the Korean Stock Market
Cheoljun Eom (Pusan National Univ.)
Taisei Kaizoji (International Christian Univ.)
Enrico Scalas (Univ. of Sussex)

? Market Capitalization, Corporate Payouts, and Expected Returns
Bong-Gyu Jang (POSTECH)
Bong-Soo Lee (Florida State Univ.)
Hyun-Tak Lee (National Univ. of Singapore)

? Time-Varying Payoffs of Return-Adjusted Momentum Strategies
Weifeng Hung (Feng Chia Univ.)
J. Jimmy Yang (Oregon State Univ.)
Pai-Ta Shih (National Taiwan Univ.)
Chin-Ho Chen (Feng Chia Univ.)

? Session 2: Options
? Net Buying Pressure and Informed Trading in the Options Market: Evidence from Earnings Announcements
Ihsan Badshah (Auckland Univ. of Technology)
Hardjo Koerniadi (Auckland Univ. of Technology)
James Kolari (Texas A&M Univ.)

? The Impact of Intraday Net Buying Pressure on Implied Volatility in the VIX Options Market
Yi-Wei Chuang (National Sun Yat-sen Univ.)
Wei-Che Tsai (National Sun Yat-sen Univ.)
Ming-Hung Wu (National Sun Yat-sen Univ.)

? Indian Equity Options: Smile, Risk Premiums and Efficiency
Sonali Jain (Indian Institute of Management Ahmedabad)
Jayanth R. Varma (Indian Institute of Management Ahmedabad)
Sobhesh Kumar Agarwalla (Indian Institute of Management Ahmedabad)

? Is Trading What Makes Prices Informative? Evidence from Option Markets
Danjue Shang (Utah State Univ.)

? Session 3: Market Microstructure
? Time-Varying Aggregate Short-Selling in Korea
Kuan-Hui Lee (Seoul National Univ.)
Shu-Feng Wang (National Central Univ., TW)

? Settlement Procedures and Stock Market Efficiency
Emily Lin (St. John’s Univ., TW)
Carl R. Chen (Univ. of Dayton)

? The Impact of Strategic Limit Order Submissions on Foreign Exchange Market Liquidity
Alexis Stenfors (Univ. of Portsmouth)
Masayuki Susai (Nagasaki Univ.)

? The Information Content of Net Buying Pressure: Evidence from the Shanghai 50 ETF Option Market
Xingguo Luo (Zhejiang Univ.)
Yaxi Xiao (Zhejiang Univ.)
Shihua Qin (Zhejiang Univ.)