© The Financial Times Ltd 2015 FT and 'Financial Times' are trademarks of The Financial Times Ltd.
Every week, a business school professor, an expert in his or her field, defines key terms on FT Lexicon, our online economics, business and finance glossary.
Darwin Choi has been an assistant professor in the department of finance at HKUST Business School since 2009.
He holds a double BSc in electrical engineering from the University of Pennsylvania, a BSc in finance and statistics from Wharton, and a PhD in finance from Yale University.
Prof Choi’s research interests include empirical asset pricing, behavioural finance, and market microstructure.
This week, Darwin Choi adds the following terms to FT Lexicon:
Compiled by Emmanuelle Smith
Follow @FTLexicon on Twitter
Copyright The Financial Times Limited 2015. You may share using our article tools.
Please don't cut articles from FT.com and redistribute by email or post to the web.