The Drivers and Implications of Retail Margin Trading

Academic journals

Publication Date

15/05/2026

Journal of Finance

Publication Authors

Jiangze Bian

Zhi Da

Zhiguo He

Kelly Shue

Hao Zhou

Jiangze Bian, Zhi Da, Zhiguo He, Dong Lou, Kelly Shue and Hao Zhou (2026). The Drivers and Implications of Retail Margin Trading. Journal of Finance, 81 (4), 2217-2270.

doi: 10.1111/jofi.70049