![](https://neoma-bs.com/sites/default/files/uploaded_images/profs-neoma_0.png)# NOEL Antoine

 

 

 
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- NOEL Antoine
 
  

 

    ![](/sites/default/files/styles/large/public/uploaded_images/photos_academ/3345-noel-antoine.jpg?itok=iJHWLCW9)NOEL Antoine

 Assistant Professor

  

 <Antoine.NOEL@neoma-bs.fr> 

 

 

 

 - About
 - Academic publications
 
  

 

    [Finance](https://neoma-bs.com/departements/finance) 

    PhD, Administration, Finance 

 

Antoine Noël is an Assistant Professor in Finance at NEOMA Business School, Reims campus. He received his PhD from HEC Montréal. He teaches corporate finance, risk management, market microstructure, and programming in initial training programs (PGE, CESEM, and GBBA). His research focuses on treasury auctions, financial derivatives, and corporate finance.

Keywords: Treasury auctions, derivatives, corporate finance.

 

 ###  Areas of research 



- Treasury Security Auctions
- Corporate Finance
- Derivatives
 
  

 

##   Recent academic contributions  

 NOEL, A., M. WU, "Treasury auction method and underpricing: Evidence from Iceland", *Journal of Financial Research*, August 2025, vol. 48, no. 2, pp. 725-756  DOI : [ 10.1111/jfir.12428 ](https://dx.doi.org/10.1111/jfir.12428)

  

 

 GIMENEZ ROCHE, G., A. NOEL, L. SAUCE, "Bitcoin trade volume in decentralized markets: International evidence", *Technological Forecasting and Social Change*, May 2025, vol. 214  DOI : [ 10.1016/j.techfore.2025.124054 ](https://dx.doi.org/10.1016/j.techfore.2025.124054)

  

 

 NOEL, A., M. WU, "Paid in One Way or Another: Evidence from Primary Dealer Remuneration" in *The 2023 International Conference in Finance, Banking and Accounting*, 2023, Montpellier, France 

 

 

 

##   Publications  

 NOEL, A., M. WU, "Treasury auction method and underpricing: Evidence from Iceland", *Journal of Financial Research*, August 2025, vol. 48, no. 2, pp. 725-756  DOI : [ 10.1111/jfir.12428 ](https://dx.doi.org/10.1111/jfir.12428)

  

 

 GIMENEZ ROCHE, G., A. NOEL, L. SAUCE, "Bitcoin trade volume in decentralized markets: International evidence", *Technological Forecasting and Social Change*, May 2025, vol. 214  DOI : [ 10.1016/j.techfore.2025.124054 ](https://dx.doi.org/10.1016/j.techfore.2025.124054)

  

 

 

 

 

##   Conferences  

 NOEL, A., P.CHAIGNEAU, J.LE-MAUX, "Excessive Discretion in Corporate Disclosure? Evidence from Option Valuation" in *American Accounting Association Annual Meeting*, 2019, San Francisco, United States 

 NOEL, A., M.WU, "Sovereign Debt Auction Method and Issuance Cost: Evidence from Iceland" in *The 3rd Sydney Banking and Financial Stability Conference*, 2019, Sydney, Australia 

 NOEL, A., M.WU, "Sovereign Debt Auction Method and Issuance Cost: Evidence from Iceland" in *1st International Banking &amp; Finance Research Conference (IBFRC)*, 2019, Agadir, Morocco 

 

 

 

##   Conference contributions  

 NOEL, A., M. WU, "Paid in One Way or Another: Evidence from Primary Dealer Remuneration" in *The 2023 International Conference in Finance, Banking and Accounting*, 2023, Montpellier, France 

 WU, M., A. NOEL, "Treasury Auction Method and Underpricing: Evidence from Iceland" in *European Financial Management Association Annual Meeting*, 2022, Rome, Italy 

 WU, M., A. NOEL, "Treasury Auction Method and Underpricing: Evidence from Iceland" in *11th International Conference of the Financial Engineering and Banking Society*, 2022, Portsmouth, United Kingdom 

 

 

 

##   Research seminars  

 NOEL, A., P.CHAIGNEAU, J.LE MAUX, "Excessive Discretion in Corporate Disclosure? Evidence from Option Valuation" *5th Inter-Business School Finance Seminar*. 2019, Reims, France 

 NOEL, A., "Sector-specific ETFs and the Reallocation of Informed Trading" *HEC Montréal internal seminar*. 2016, Montréal, Canada