Senior Lecturer in Financial Markets and Director, MSc Finance, Technology and Policy
Roles and Responsibilities
Gbenga is a Senior Lecturer (Associate Professor) in Financial Markets at the University of Edinburgh and the Director for Industry, Economy and Society (FinTech) at the University of Edinburgh's Edinburgh Futures Institute. He is also the Deputy Scientific Director at the Fondazione European Capital Markets Cooperative Research Centre in Pescara, Italy and a Fellow at the Rozetta Institute (formerly Capital Markets CRC) in Sydney, Australia.
His work on high-tech financial markets has been of much interest to both policy makers and practitioners, leading to presentations at the Museum of American Finance on Wall Street and at the Financial Conduct Authority (FCA), the UK's financial markets regulator, in London, where he was a Research Visitor in 2016 and 2017. Gbenga's research on dark pools/markets was published by the FCA and cited by the Bank of England in 2017. He also co-authored a second FCA publication on the trading of interest rates swaps, also in 2017. Gbenga is also an expert on the Carbon Finance Unit of the World Bank's Partnership for Market Readiness Roster of Experts. He has been a Visiting Professor at various times at Macquarie University, Sydney, Universidade Catolica Portuguesa, Porto and China University of Petroleum, Beijing.
Gbenga holds an MBA (with distinction) and a PhD (in market microstructure) from the University of East Anglia, where he also held teaching and research positions with the Norwich Business School and the Environmental & Energy Finance Group respectively. He is a Fellow of the Higher Education Academy and holds a Postgraduate Certificate in Academic Practice from the University of Edinburgh.
He is a member of several bodies including the Royal Economic Society, American Finance Association, European Finance Association, Eastern Finance Association, Northern Finance Association, Financial Engineering and Banking Society (FEBS) and the British Institute of Energy Economics (BIEE). Gbenga also recently served as a Special Issue Guest Editor with Technological Forecasting and Social Change, where he co-edited an issue on the technological transformation of capital markets.
- Financial econometrics
- Econometrics of financial markets
- Carbon markets and low carbon investment
- Financial Market Microstructure
- Empirical asset pricing
- Mathematical finance
- Finance & investment
- Financial innovation
- Statistics for finance
Gbenga’s research interests cover the general financial economics space, with a core focus on the microstructure of financial markets. His current research examines the microstructure evolution of financial markets against the backdrop of technology and policy innovations. He has also examined critical market microstructure issues in the world’s largest emissions trading market, the European Climate Exchange, London. The practical nature of his research papers has led to his work being discussed in international finance, economics and business newspapers and magazines such as The Economist, Financial Times, Forbes, Bloomberg Markets, Fundfire, City AM and Optimist Dergi. He has delivered invited research seminars at various private sector fora and universities/academic institutes around the world, including at the UK's Financial Conduct Authority; ICMA Centre at the University of Reading; Herriot Watt University; University of Otago, Dunedin; Macquairie University, Sydney; University of South Australia, Adelaide; Catolica Porto Business School, Porto and Pan African University's Lagos Business School.
Gbenga is the author (with Andros Gregoriou) of 'Carbon Markets: Microstructure, Pricing & Policy', published in 2018 by Palgrave Macmillan. He has also made contributions to several journals and books, including papers in Journal of Financial Markets, Journal of Banking & Finance, Journal of Empirical Finance, Expert Systems with Applications, Journal of International Financial Markets, Institutions and Money; International Review of Financial Analysis, International Journal of the Economics of Business, The European Journal of Finance, British Accounting Review, Journal of Business Ethics, Technological Forecasting & Social Change and Energy Policy.