Haoxiang Zhu

Haoxiang Zhu is the Gordon Y Billard Associate Professor of Finance at the MIT Sloan School of Management. His research focuses primarily on asset pricing, with particular emphasis on market structure and market design. He has published research papers in leading academic journals, including the Journal of Finance, Journal of Financial Economics, Journal of Economic Theory, Review of Economic Studies, and Review of Financial Studies. From December 2021 to December 2024, Zhu served as director of the division of trading and markets at the U.S. Securities and Exchange Commission, where he led initiatives to modernize the regulation of U.S. securities markets. He is currently a member of the Federal Reserve Bank of Chicago's Financial Stability Advisory Council and a director of the Financial Intermediation Research Society.

Haoxiang Zhu is an Associate Professor of Finance at MIT Sloan School of Management and a Research Associate at NBER. His research focuses on Asset Pricing, Market Microstructure, Market Design, and FinTech. His work explores topics such as counterparty risk, price discovery, and the impact of financial technology on market dynamics. Zhu's publications examine the role of central clearing counterparties, dark pools, and algorithmic trading in financial markets. He also investigates the implications of regulatory policies on market liquidity and the design of payment systems. His research contributes to understanding how financial markets function and evolve in the presence of technological innovation and regulatory changes.