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David Ardia, Professor at HEC Montréal and CIRANO researcher since June 2025, was awarded the Cascad Prize alongside his colleagues Tolga Cenesizoglu and Clément Aymard (HEC Montréal) for a paper published in the International Review of Financial Analysis. The award, presented at the AFFI Annual Conference, recognizes the team’s rigorous and reproducible analysis of trading behavior on the Robinhood platform.
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