We are pleased to announce the winners of the 2013 Asian Finance Association Annual Meeting’s Sirca Best Paper Award.

Congratulations to Sandy Lai (University of Hong Kong), Lilian Ng (University of Wisconsin) and Bohui Zhang (University of New South Wales) with their paper “Does PIN Affect Equity Prices Around the World?”

The prize is awarded to the best paper in any area of finance or accounting research that uses data supplied by Sirca as one of the sources of information in the paper. This year’s meeting was held in Nanchang City, Jiangxi Province, P.R. of China on July 15-17th.