Further information will be announced soon.

CALL FOR PAPERS The 20^th Annual Conference on Asia-Pacific Financial Markets (CAFM)
Seoul, Korea, December 11-12, 2025

Korean Securities Association (KSA) is pleased to announce its 20th Annual Conference on Asia-Pacific Financial Markets (CAFM), which will be held at the CONRAD Seoul from December 11th (Thursday) to December 12th (Friday), 2025. We welcome interested scholars, practitioners, and policy-makers to submit research papers in all areas of finance for presentation at the conference.

KEYNOTE SPEAKER

Lasse Heje Pedersen, professor at Copenhagen Business School, director of the Center for Big Data in Finance center, and a principal at AQR, is the keynote speaker for the 20th CAFM. A Stanford PhD, he has served as Director of the American Finance Association, in the Liquidity Working Group meeting at the Federal Reserve Bank of New York to address liquidity issues, on the Economic Advisory Boards of NASDAQ and FTSE, and on several editorial boards, including the Journal of Finance and Quarterly Journal of Economics. His academic awards include the Bernácer Prize to the best E.U. economist under 40 years of age, the Banque de France-TSE Prize, the Stephen A. Ross Prize, JF Brattle and DFA Prizes, JFE Fama-DFA Prizes, RFS Michael Brennan Award, and FAJ Graham and Dodd Top Awards. His research is widely used by academics, practitioners, regulators, e.g., in the Nobel Prize committee’s scientific background and the most cited paper in SEC regulation.

DISTINGUISHED LECTURER

Zhi Da, Howard J. and Geraldine F. Korth Professor of Finance at the University of Notre Dame, will lead a special lecture session as the distinguished lecturer for the 20th CAFM. His research focuses on empirical asset pricing and investment. In recent papers, he studied the role of limited investor attention, the behavior of institutional investors, and cash flow risks of financial assets. His papers have been published in the Journal of Finance, Review of Financial Studies, Journal of Financial Economics among others. He is currently serving as an associate editor at several journals including Journal of Finance, Management Science, Journal of Financial and Quantitative Analysis, and Journal of Banking and Finance. Zhi has received the 2017 JFQA William F. Sharpe Award for Scholarship in Financial Research, among other research awards and grants. After gaining a BBA and an MSc from National University of Singapore, he worked at the interest rate and exotic derivative trading desk in DBS Bank. He subsequently earned a PhD in Finance from Northwestern University.

PAPER SUBMISSION

Papers written in English must be submitted via https://www.conftool.net/cafm2025/, using MS Word or Adobe PDF file format. The deadline for paper submission is August 27th, 2025. The submitted papers will be reviewed for selection by the review committee in a double-blind referee process. The results will be notified to the author via email by October 10th, 2025. If you have any questions regarding the paper submission, please let us know via email at cafm@iksa.or.kr.

All papers must be accompanied by an abstract of a maximum of 200 words. The cover page of the paper should contain the paper’s title as well as the name, affiliation, address, phone number, and email address of all authors. The second page should contain the paper’s title and abstract only. The programs for the previous CAFM conferences can be accessed at http://www.apjfs.org.

BEST PAPER AWARDS

If your paper is accepted for presentation at the conference, your paper is eligible to compete for a Best Paper Award of US$2,000 (or KRW2,000,000). Eight (8) best papers will be awarded at the Gala dinner to each presenting author. The awarded papers will also be invited for fast-track review and publication in the Asia-Pacific Journal of Financial Studies (AJFS), the first finance SSCI journal in the Asia-Pacific region.

DOCTORAL STUDENT WORKSHOP AND BEST DISSERTATION AWARD

Doctoral students are also welcomed to present their dissertations at the doctoral student workshop of the conference, led by active and renowned scholars to be announced later. The Best Dissertation Award of US$1,000 (or KRW1,000,000) will be given to the best thesis.

DUAL SUBMISSION OPTION WITH AJFS and KJFS

The 20th CAFM will feature a dual submission option with AJFS. If you choose the option at the time of paper submission, your paper accepted for the conference will be additionally invited for submission and considered for publication by the editors of AJFS with the journal submission fee waived. For further details about the Journal, please visit http://wileyonlinelibrary.com/journal/ajfs.

The applicants can also choose to submit for the Korean Journal of Financial Studies (KJFS), SCOPUS-indexed official journal of KSA. For further details about the Journal, please visit https://www.e-kjfs.org.

ABOUT SEOUL

Seoul is the capital and largest metropolis in South Korea, and has been the capital for more than 600 years. With a municipal population over 9.6 million, the city is one of the largest financial and cultural centers in East Asia. Situated on the Han River, Seoul is considered a leading and rising global city, filled with a fascinating blend of ancient traditions and cutting-edge digital technology, home to endless street food vendors, beautiful royal palaces, and serene Buddhist temples. As the birthplace of K-pop and Korean Wave, Seoul receives over 10 million international visitors every year, making it one of the world’s most visited cities.

CONFERENCE HOTEL

The CONRAD Seoul is a prestigious five-star hotel located in the heart of Yeouido, a hub of the Korean financial market. It is a part of the IFC Mall complex, offering direct access to a variety of shopping, dining, and entertainment options. This luxurious hotel is also conveniently connected to the Yeouido subway station, providing easy transportation links across the city. With a prime location in Yeouido, the hotel is within walking distance of key attractions such as Hangang Park and Yeouido Park. These scenic parks offer guests opportunities for outdoor activities, leisurely strolls, and picturesque views of the Han River.

PROGRAM COMMITTEE CHAIR

Hyun Seung Na, Korea University

CONFERENCE CONTACT

For additional information, please contact us via email at cafm@iksa.or.kr.

Further information will be announced soon.

Further information will be announced soon.

10 Gukjegeumyung-ro Yeouido Yeongdeungpo-gu
Seoul, 07326, South Korea
+82 (2) 6137-7000

Direction to the Conrad Hotel

FROM Incheon International Airport (ICN)

Travel Distance : Approximately 60 km

Taxi

• • Fee : 50,350 KRW
• • Travel Time : 47 minutes

AIRPORT LIMOUSINE

The Airport Limousine Bus #6007 is also available within a one-minute walking distance of the Hotel.

• • Fee : 17,000 KRW
• • Travel Time : 50 minutes

SUBWAY TRAIN

• • Fee : 4,450 KRW (Passenger Terminal 1)
• • Fee : 5,050 KRW (Passenger Terminal 2)
• • Direction : ake AREX at Incheon International Airport Station bound for Hong Ik University At Hong Ik Univ Station, Transfer to Transit Line Number 5 toward Sang-il or Macheon. Get off at Yeouido Station and exit Gate #3. The hotel is just a three-minute walk away.
• • Travel Time : 85~90 minutes

DIRECTION

FROM Gimpo International Airport (GMP)

Travel Distance : Approximately 20 km

Taxi

• • Fee : 23,520 KRW
• • Travel Time : 35 minutes

DIRECTION

Address in Korean

For your convenience, please see the Hotel’s name and address provided here in Korean. This address may be shown to taxi drivers or used for other transportation needs.

07326 서울특별시 영등포구 국제금융로 10 콘래드호텔

Contact Information

· For additional information, Please contact one of us

Jin Q Jeon, Ph.D.,
President of the KSA (jjeon@dongguk.edu),
Dongguk University

Hyun Seung Na, Ph.D.,
Program Chair and Review Committee Chair (nahs@korea.ac.kr),
Korea University

· Korean Securities Association

6F, Korea Financial Investment Association Building 143 Uisadang-daero, Yeongdeoungpo-gu, Seoul, Korea
Fax: 82-2-783-6359
E-mail: cafm@iksa.or.kr