Finance and Financial Economics (Ranaldo)

Barbon, A. and Ranaldo, A. (2026) ‘On the Quality of Cryptocurrency Markets: Centralized vs. Decentralized Exchanges’, Management Science [Preprint]. Available at: https://doi.org/10.1287/mnsc.2024.07703.

Huang, W. et al. (2025) ‘Constrained liquidity provision in currency markets’, Journal of Financial Economics, 167. Available at: https://doi.org/10.1016/j.jfineco.2025.104028.

Menkveld, A.J. et al. (2024) ‘Nonstandard Errors’, Journal of Finance, 79(3), pp. 2339–2390. Available at: https://doi.org/10.1111/jofi.13337.

Ballensiefen, B., Ranaldo, A. and Winterberg, H. (2023) ‘Money Market Disconnect’, Review of Financial Studies, 36(10), pp. 4158–4189. Available at: https://doi.org/10.1093/rfs/hhad022.

Angelo Ranaldo (2023) ‘Bank positions in FX swaps: insights from CLS’, BIS Quarterly Review [Preprint].

Ballensiefen, Benedikt and Ranaldo, Angelo (2023) ‘Safe asset carry trade’, in Review of Asset Pricing Studies. Oxford University Press (Review of Asset Pricing Studies), pp. 223–265. Available at: https://doi.org/10.1093/rapstu/raac015.

Bechtel, Alexander, Ranaldo, Angelo and Wrampelmeyer, Jan (2023) ‘Liquidity Risk and Funding Cost’, Review of Finance, 27(2), pp. 399–422. Available at: https://doi.org/10.1093/rof/rfac020.

Barbon, Andrea and Ranaldo, Angelo (2023) ‘Non-Fungible Tokens’, in Palgrave Studies in Financial Services Technology. Cham: Springer International Publishing (Palgrave Studies in Financial Services Technology), pp. 139–163. Available at: https://doi.org/10.1007/978-3-031-23069-1_6.

Breedon, Francis et al. (2023) ‘Judgment day: Algorithmic trading around the Swiss franc cap removal’, Journal of International Economics, 140. Available at: https://doi.org/10.1016/j.jinteco.2022.103713.

Ranaldo, Angelo (2023) ‘Foreign exchange swaps and cross-currency swaps’, in Research Handbook of Financial Markets. Edward Elgar Publishing Ltd. (Research Handbook of Financial Markets), pp. 451–469. Available at: https://doi.org/10.4337/9781800375321.00030.

Ranaldo, Angelo and de Magistris, Paolo Santucci (2022) ‘Liquidity in the global currency market’, Journal of Financial Economics, 146(3), pp. 859–883. Available at: https://doi.org/10.1016/j.jfineco.2022.09.004.

Angelo Ranaldo (2022) ‘Constrained Liquidity Provision in Currency Markets’, Journal of Financial Economics [Preprint].

Di Filippo, Mario, Ranaldo, Angelo and Wrampelmeyer, Jan (2022) ‘Unsecured and Secured Funding’, Journal of Money, Credit and Banking, 54(2-3), pp. 651–662. Available at: https://doi.org/10.1111/jmcb.12855.

Ranaldo, Angelo, Schaffner, Patrick and Vasios, Michalis (2021) ‘Regulatory effects on short-term interest rates’, Journal of Financial Economics, 141(2), pp. 750–770. Available at: https://doi.org/10.1016/j.jfineco.2021.04.016.

Ranaldo, Angelo and Somogyi, Fabricius (2021) ‘Asymmetric information risk in FX markets’, Journal of Financial Economics, 140(2), pp. 391–411. Available at: https://doi.org/10.1016/j.jfineco.2020.12.007.

Cenedese, Gino, Ranaldo, Angelo and Vasios, Michalis (2020) ‘OTC premia’, Journal of Financial Economics, 136(1), pp. 86–105. Available at: https://doi.org/10.1016/j.jfineco.2019.09.010.

Angelo Ranaldo (2019) ‘Euro repo market functioning: collateral is king’, BIS Quarterly Review [Preprint].

Abdi, Farshid and Ranaldo, Angelo (2017) ‘A simple estimation of bid-Ask spreads from daily close, high, and low prices’, Review of Financial Studies, 30(12), pp. 4437–4480. Available at: https://doi.org/10.1093/rfs/hhx084.

Angelo Ranaldo (2016) ‘Uniform-price auctions for Swiss government bonds: Origin and evolution’, SNB Economic Studies [Preprint].

Mancini, Loriano, Ranaldo, Angelo and Wrampelmeyer, Jan (2016) ‘The euro interbank repo market’, Review of Financial Studies, 29(7), pp. 1747–1779. Available at: https://doi.org/10.1093/rfs/hhv056.

Karnaukh, Nina, Ranaldo, Angelo and Söderlind, Paul (2015) ‘Understanding FX Liquidity’, Review of Financial Studies, 28(11), pp. 3073–3108. Available at: https://doi.org/10.1093/rfs/hhv029.

Caporin, Massimiliano, Ranaldo, Angelo and Velo, Gabriel G. (2015) ‘Precious metals under the microscope: a high-frequency analysis’, Quantitative Finance, 15(5), pp. 743–759. Available at: https://doi.org/10.1080/14697688.2014.947313.

Caporin, Massimiliano, Ranaldo, Angelo and Santucci de Magistris, Paolo (2013) ‘On the predictability of stock prices: A case for high and low prices’, Journal of Banking and Finance, 37(12), pp. 5132–5146. Available at: https://doi.org/10.1016/j.jbankfin.2013.05.024.

Mancini, Loriano, Ranaldo, Angelo and Wrampelmeyer, Jan (2013) ‘Liquidity in the foreign exchange market: Measurement, commonality, and risk premiums’, Journal of Finance, 68(5), pp. 1805–1841. Available at: https://doi.org/10.1111/jofi.12053.

Breedon, Francis and Ranaldo, Angelo (2013) ‘Intraday patterns in FX returns and order flow’, Journal of Money, Credit and Banking, 45(5), pp. 953–965. Available at: https://doi.org/10.1111/jmcb.12032.

Bonato, Matteo, Caporin, Massimiliano and Ranaldo, Angelo (2013) ‘Risk spillovers in international equity portfolios’, Journal of Empirical Finance, 24, pp. 121–137. Available at: https://doi.org/10.1016/j.jempfin.2013.09.005.

Bonato, M., Caporin, M. and Ranaldo, A. (2012) ‘A forecast-based comparison of restricted Wishart autoregressive models for realized covariance matrices’, European Journal of Finance, 18(9), pp. 761–774. Available at: https://doi.org/10.1080/1351847x.2011.601629.

Meichle, Mario, Ranaldo, Angelo and Zanetti, Attilio (2011) ‘Do financial variables help predict the state of the business cycle in small open economies? Evidence from Switzerland’, Financial Markets and Portfolio Management, 25(4), pp. 435–453. Available at: https://doi.org/10.1007/s11408-011-0173-y.

Fischer, Andreas M. and Ranaldo, Angelo (2011) ‘Does FOMC news increase global FX trading?’, Journal of Banking and Finance, 35(11), pp. 2965–2973. Available at: https://doi.org/10.1016/j.jbankfin.2011.03.024.

Christiansen, Charlotte, Ranaldo, Angelo and Söderlind, Paul (2011) ‘The time-varying systematic risk of carry trade strategies’, Journal of Financial and Quantitative Analysis, 46(4), pp. 1107–1125. Available at: https://doi.org/10.1017/s0022109011000263.

Ranaldo, Angelo and Söderlind, Paul (2010) ‘Safe haven currencies’, Review of Finance, 14(3), pp. 385–407. Available at: https://doi.org/10.1093/rof/rfq007.

Ranaldo, Angelo and Rossi, Enzo (2010) ‘The reaction of asset markets to Swiss National Bank communication’, Journal of International Money and Finance, 29(3), pp. 486–503. Available at: https://doi.org/10.1016/j.jimonfin.2009.07.004.

Ranaldo, Angelo (2009) ‘Segmentation and time-of-day patterns in foreign exchange markets’, Journal of Banking and Finance, 33(12), pp. 2199–2206. Available at: https://doi.org/10.1016/j.jbankfin.2009.05.019.

Christiansen, Charlotte and Ranaldo, Angelo (2009) ‘Extreme coexceedances in new EU member states” stock markets’, Journal of Banking and Finance, 33(6), pp. 1048–1057. Available at: https://doi.org/10.1016/j.jbankfin.2008.10.014.

Jordan, Thomas, Ranaldo, Angelo and Söderlind, Paul (2009) ‘The implementation of SNB monetary policy’, Financial Markets and Portfolio Management, 23(4), pp. 349–359. Available at: https://doi.org/10.1007/s11408-009-0118-x.

Ranaldo, A. and Söderlind, P. (2009) ‘Editorial’, Financial Markets and Portfolio Management, 23(4), pp. 333–334. Available at: https://doi.org/10.1007/s11408-009-0117-y.

Angelo Ranaldo (2008) ‘Intraday Market Dynamics around Public Information Arrivals’, in Stock Market Liquidity: Implications for Market Microstructure & Asset Pricing. (Stock Market Liquidity: Implications for Market Microstructure & Asset Pricing).

Ranaldo, A. and Häberle, R. (2008) ‘Wolf in sheep’s clothing: The active investment strategies behind index performance’, European Financial Management, 14(1), pp. 55–81. Available at: https://doi.org/10.1111/j.1468-036x.2007.00363.x.

Christiansen, Charlotte and Ranaldo, Angelo (2007) ‘Realized bond-stock correlation: Macroeconomic announcement effects’, Journal of Futures Markets, 27(5), pp. 439–469. Available at: https://doi.org/10.1002/fut.20258.

Ranaldo, A. and Favre, L. (2005) ‘Hedge Fund Performance and Higher-Moment Market Models’, The Journal of Alternative Investments, 8(3), pp. 37–51. Available at: https://doi.org/10.3905/jai.2005.608031.

Ranaldo, Angelo (2004) ‘Order aggressiveness in limit order book markets’, Journal of Financial Markets, 7(1), pp. 53–74. Available at: https://doi.org/10.1016/s1386-4181(02)00069-1.

Ranaldo, Angelo (2002) ‘Transaction costs on the Swiss stock exchange’, Financial Markets and Portfolio Management, 16(1), pp. 53–68. Available at: https://doi.org/10.1007/s11408-002-0104-z.

Ranaldo, Angelo (2001) ‘Intraday market liquidity on the Swiss Stock Exchange’, Financial Markets and Portfolio Management, 15(3), pp. 309–327. Available at: https://doi.org/10.1007/s11408-001-0303-z.