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Mario Cerrato is an Associate Professor (Senior Lecturer) at the University of Glasgow Business School and Deputy Director of the Centre for Economics and Financial Studies (CEFS). He holds a PhD in Finance from London and a Laurea in Economics and Finance from Salerno (Italy). Mario is one of the leading economist in FX Market Microstructure and Financial Derivatives. He is generally involved in research collaborations with economists working in top investment banks in London and New York. Mario has pubblished in some of the most prestigious academic journals worldwide such as Journal of Money Credit and Banking, Journal of Banking and Finance, Review of International Economics, and many others and his research is well recognised by policy makers.