The CISI has announced the first edition of its new academic journal, Review of Financial Markets.

The 12-page journal will feature original blind peer-reviewed cutting-edge research and analysis related to wealth management, capital markets and banking and will be published quarterly in your membership magazine. CISI members are invited to submit articles.

Professor Moorad Choudhry FCSI, Editor of the journal, chairs a panel of practitioners and academics who will oversee content.

He said: “The creation of this academic journal is an important step forward for the CISI. Our vision is for Review of Financial Markets to establish itself as the research publication of choice for the securities and investment industry.

“The journal will act as a centre point for the generation of practitioner-led and practitioner-orientated research, whilst emphasising a robust and rigorous analytical approach.

“I hope CISI members will find the journal interesting, informative and an excellent way to maintain their competence. Review of Financial Markets provides an opportunity for members to put forward their own research papers for consideration for publication to a worldwide audience, and the CISI looks forward to receiving contributions.”

Simon Culhane, Chartered FCSI and CISI CEO said: “Our publication of Review of Financial Markets has developed as we are keen to try and make the excellent and high quality research undertaken at academic and market institutions more accessible to anyone with an interest in financial markets.”

The inaugural edition articles include “A review of high-frequency trading and flash crashes”, by Tee ChyngWen and Christopher Ting, LKC School of Business, Singapore Management University, in which a case is made for better understanding of the ultra fast dynamics of HFT and “Model portfolios: A challenge to the predominant process” by Keith Robertson, Chartered FCSI, examining the tyranny of averages and the cyclical nature of financial markets.