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Professor of Finance, Cass Business School, City, University of London

Richard Payne holds a PhD in Economics from the London School of Economics and has worked at the LSE, the University of Bristol and Warwick Business School. He has also worked in the asset management industry and actively consults for industry clients.

Payne's research interests are in the areas of market microstructure, investment management, international finance and financial econometrics. He has worked on topics including the relationship between order flows and exchange rates, the effects of macroeconomic news on exchange rates and FX market activity and the operation of hybrid equity markets. At present he is working on topics including the impact of short-selling on stock markets and the effects of high-frequency trading on the quality of UK equity markets.


  • –present
    Professor of Finance, Cass Business School, City University London