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The Institute of Finance at Corvinus University of Budapest; the Game Theory Research Group, ELTE Centre for Economic and Regional Studies; the Department of Finance at ESSEC Business School; and the Faculty of Economics at Eötvös Loránd University invite you to
The 17th Annual Financial Markets and Liquidity (AFML) Conference
Budapest, Hungary 2nd -4th December 2026
with Distinguished Keynote Speakers:
Professor Caroline Flammer
Columbia University
Columbia Climate School
Columbia Business School
Semyon Malamud
Swiss Finance Institute Senior Chair
Ecole Polytechnique Fédérale de Lausanne (EPFL)
The 17th edition of the Annual Financial Markets and Liquidity (AFML) Conference aims to unite academics and practitioners to discuss cutting-edge research in financial markets, the broad field of liquidity, and its societal implications. The conference welcomes papers on all general finance topics, such as Corporate finance; Investments; Banking; Asset Pricing; Mathematical Finance; Systemic Risk; Regulations; ESG Investments and Sustainability; Climate Finance; Household Finance; AI and Machine Learning; and Game Theoretic Aspects of Financial Markets. The conference also welcomes submissions on liquidity-focused topics, such as Market and Funding Liquidity; Global Liquidity (both Public and Private); Leverage and Macroeconomic Determinants; Market Microstructure; Illiquid Alternative Investments; and Asset Innovations.
The conference starts with a networking session and editorial meeting on 2nd December, followed by two full conference days (3–4 December) featuring a variety of presentation formats, including invited speakers, special-topic sessions, full-paper presentations (30 minutes) on the advertised conference topics, and short paper-pitching sessions.
We are honored to have the following distinguished and invited speakers:
- Liquidity and systemic risk special session: Thomas Gehrig (University of Vienna)
- Econometrics and machine learning special session: Roberto Reno (ESSEC Business School)
- Global bond markets (liquidity dynamics and currency trends) special session: Gabor Pinter (BIS) and Előd Takáts (BIS)
- Housing affordability special session: Jaime Luque (ESCP Business School)
- Jonathan A. Batten (RMIT University)
- Péter Szilágyi (EDHEC Business School)
Submission and Conference Details:
- Deadline via submissions form: 20th June 2026 (CET, midnight), http://afml.uni-corvinus.hu/
- All submissions will be reviewed by at least two members of the Scientific Committee. Authors will be notified of the Program Committee’s decisions by the 1st of September 2026.
- Submissions may be accepted for full presentations or short pitch talks.
- Please note that the conference will be held in person only.
We encourage submissions from advanced Ph.D. students, who can request feedback from senior members of the scientific committee.
