Symposium on Foreign Exchange Markets
18 Aug 2025
10:15 -21:00
19 Aug 2025
09:00 -21:00
Times are shown in local time
Open to: Presenting authors, discussants, the programme committee and invited guests.
Cambridge Judge Business School
Trumpington St
Cambridge
CB2 1AG
United Kingdom
Overview
Cambridge Judge Business School’s Symposium on Foreign Exchange Markets (SFX) is an annual event showcasing cutting-edge research into currency markets.
It represents the official continuation of the Vienna Symposium on Foreign Exchange Markets (VSFX), which has been led successfully by the WU Research Institute for Capital Markets (ISK) since 2018.
With the support of CME Group and the Centre for Endowment Asset Management (CEAM) it has been possible to continue this symposium – recognised globally as one of the leading academic conferences in international finance – as an annual event at the University of Cambridge from 2025.
John Maynard Keynes addressing the Bretton Woods conference, 1944.
The format of the Symposium on Foreign Exchange Markets remains unchanged from the VSFX of prior years. Two days of high-quality presentations organised across sub-thematic sessions that showcase the latest academic research in the field of FX markets.
Submissions on topics such as FX risk premia, FX investment strategies, FX valuation, FX and monetary/fiscal policy, FX of emerging markets, FX regimes, and related topics are welcome. There will continue to be a best paper award and the winning paper will be selected on the quality of the submitted paper as well as the conference presentation.
Timeline
Please find below the timeline for the 2025 SFX
| 28 Jan 2025 | 1 Mar 2025 | 2 May 2025 | 18-19 Aug 2025 |
|---|---|---|---|
| Call for papers opened. | Call for papers closed. | Successful presenters notified by committee | Symposium on Foreign Exchange Markets |
Symposium agenda
10:15-17:30
Symposium
19:00-21:00
College dinner
09:00-17:30
Symposium
19:00-21:00
College dinner
Conference committees
Lucio Sarno
Cambridge Judge Business School, University of Cambridge
Josef Zechner
WU Vienna University of Economics and Business
Christian Wagner
WU Vienna University of Economics and Business
Georg Cejnek
WU Vienna University of Economics and Business
Zhengyang Jiang
Kellogg School of Management, Northwestern University
Semyon Malamud
Swiss Finance Institute, EPFL
Otto Randl
WU Vienna University of Economics and Business
Andrea Vedolin
Questrom School of Business Boston University
Michael Weber
Booth School of Business, University of Chicago
Magnus Dahlquist
Stockholm School of Economics
Stephan Kranner
WU Vienna University of Economics and Business
Andreas Neuhierl
Olin Business School, Washington University in St. Louis
Alberto Rossi
McDonough School of Business, Georgetown University
Stefan Voigt
Department of Economics, University of Copenhagen
Owain Johnson
Richard Stevens
Chris Povey
Sarah Carter
CEAM Executive Director
Sarah Carter is Executive Director of the University of Cambridge’s Centre for Endowment Asset Management, and previously set up and managed the Master of Finance at Cambridge Judge Business School. Before that, she worked for Plan International and for the United Nations Association. She has undertaken PhD coursework and research at the University of Wales, Aberystwyth, and was awarded an MA with distinction in International Studies by Durham University and a BA (Hons) in Psychology by the University of Hertfordshire.
Brandon McBride
Finance PhD Candidate at Cambridge
Merve Karakaş
CEAM Centre Manager
Merve is Centre Manager of the University of Cambridge’s Centre for Endowment Asset Management (CEAM). Prior to joining CEAM, she was practicing corporate law in Turkey as an in-house lawyer in Istanbul. Merve holds LLM in Economic Law from Galatasaray University, and LLB from Istanbul University.
Supporters
We are grateful to CME Group for supporting the Symposium on Foreign Exchange Markets. CME Group operates 2 globally critical FX marketplaces – the world’s largest venue for exchange traded FX futures and options, and EBS, the primary market for FX spot and non-deliverable forwards (NDFs).
We are grateful to Pembroke College, Cambridge for supporting the Symposium on Foreign Exchange Markets through its International Finance Fund. The fund was established to encourage and promote high quality scholarship within international finance.
We are grateful to the Cambridge Endowment for Research in Finance (CERF) for supporting the Symposium on Foreign Exchange Markets. CERF promotes research at the University of Cambridge into all aspects of the practice and history of finance, financial institutions, and financial markets, and their relationship with economic behaviour and performance.