Patrick Blonien

Patrick Blonien

Institution

Carnegie Mellon University

PhD Year

2024

Email

pblonien@andrew.cmu.edu

FTG Membership

Member

Website

https://www.patrickblonien.com/

Featured Work

Apr 9, 2025

Patrick Blonien, Alexander Ober | Working Paper No. 00142-01

Is 24/7 Trading Better?

In a dynamic model of large traders who manage inventory risk, we show that a daily market closure coordinates liquidity. This coordination of liquidity can improve allocative efficiency relative to...