Charlie X Cai
Charlie X Cai

Professor of Finance

University of Liverpool

PhD Finance, University of Leeds, UK
MA Accounting and Finance, University of Leeds, UK
BA Economics, Guangdong University of Foreign Studies, P.R. China

Investment, Market microstructure, Asset pricing, Corporate governance, Behavioural finance and Emerging markets.


Charlie X Cai joins the Liverpool University Management School as is a Professor of Finance at in 2017.  Before this he was a Professor in the Leeds University Business School, UK. Charlie’s research career started from his PhD on the market microstructure of the London Stock Exchange, a research journey that taught him the foundations of financial markets and provided him with solid empirical modelling skills. Since then he has continued his research interest in examining the impact of technology on financial markets (issues such as algorithmic and high-frequency trading) and developed expertise in big data analytic.  He subsequently broadened his research interests into asset pricing, corporate governance and banking.

His recent research focus has been in the area of financial technology (fintech) in emerging market, pricing anomalies around the world and systemic risk in a global context, all of which are significant aspects of today’s global financial system. Many of his work has been published in ABS listed 3 and 4 start journals including Journal of Accounting and Economics, Journal of Money, Credit and Banking  British Journal of Management and Financial Management. He is currently serving on the editorial board of the International Small Business Journal and Accounting and Finance. 

Charlie’s informed and rigorous approach has benefitted from his active collaboration with scholars from a wide range of academic, industrial and regulatory organisations.  He has also worked outside academia as a research consultant, and he is committed to building research links with other disciplines and academic institutions worldwide. 

Charlie’s teaching is research-lead with emphasis on real-world applications.  He has been instrumental in creating a Trading Rome in Leeds University Business School which brings the city experience to students.  Besides his academic life Charlie has strong interests in website and app developments.  One of his recent projects is the development of a classroom and presentation mobile interaction app: text2vote.co.uk.

Economics, Finance and Accounting
Liverpool University Management School,
University of Liverpool, Liverpool, UK, L69 7ZH