Dr Zhiyong Li

Lecturer in FinanceZhiyong Li

Contact details

  • Email: zhiyong.li@le.ac.uk
  • Office: Room 2.02, Heron House, Brookfield
  • Office hours: By appointment

Personal details

I joined the University of Leicester in 2018 as a Lecturer in Finance. Previously, I worked at De Montfort University and the Nottingham University Business School China.

I earned my PhD in Economics from the University of Nottingham (UK), MSc in Economics from the University of Leicester and two bachelor's degrees from the China University of Petroleum (Beijing).


  • Market Microstructure
  • Behavioural Finance


  • Faculty research fund 2016, De Montfort University, £2,500


Do Psychological Fallacies Influence Trading in Financial Markets? Evidence from the Foreign Exchange Market, Journal of Behavioral Finance, Volume 18, Issue 3 2017 (with Michael Bleaney and Spiros Bougheas)

A new spread estimator, Review of Quantitative Finance and Accounting, Volume 47, Issue 1 , pp 179-211 (July 2016) (with Michael Bleaney)

Decomposing the bid-ask spread in multi-dealer markets, International Journal of Finance and Economics, Vol. 21, no. 1 (January 2016), pp. 75-89 (with Michael Bleaney)

The performance of bid-ask spread estimators under less than ideal conditions, Studies in Economics and Finance, Vol. 32, no. 1 (March 2015), pp. 98-127 (with Michael Bleaney)

Do exchange rate bubbles deflate faster than they inflate?, Economics Bulletin, Vol. 29 no.3 (July 2009), pp. 1542-1548 (with Michael Bleaney)

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Contact Details

School of Business
University of Leicester
University Road



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