From satellite images to natural language processing, the way investors source, process and trade on information is constantly evolving. The aim of this conference is to understand the ever-changing nature of financial information and its consequences for market efficiency.

The focal points for the 2nd edition are information flows in over-the-counter (OTC) markets and the changing role of financial analysts and media. However, we welcome all theoretical and empirical papers exploring new and perhaps unexpected sources of information, as well as developing novel tools to turn raw data into value-relevant insights. Sceptical takes, highlighting the trade-offs involved in letting machines, rather than humans, interpret and trade on information are also welcome.

We are delighted to welcome two excellent keynote speakers, Darrell Duffie from Stanford University and Lily Fang from INSEAD.

We are currently inviting submissions from researchers around the world. For more information, please visit the Conference website ( or contact Michał Dzieliński, the Conference chair (

The organizers are grateful for generous support from the Swedish Research Council (Vetenskapsrådet) and the Jan Wallander and Tom Hedelius Foundation.