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Curtin University
Staff Profile

Associate Professor Lee Smales

Associate Professor Lee Smales Associate Professor Lee Smales

BSc (Hons) (Warw.) MSc (S'ton), MBA (AGSM), PhD(UNSW)

Position Associate Professor
Faculty Curtin Business School (CBS)
School Curtin Graduate School of Business
Campus Perth City Campus
Location P01.309
Phone 08 9266 1688
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Lee is currently an Associate Professor (Finance) with Curtin's Graduate School of Business. Before joining Curtin, Lee was an associate lecturer with University of New South Wales where he also completed his PhD in finance with a thesis topic considering the dynamics of Australian interest rate future markets. Lee has also previously held the position of senior lecturer in Curtin University's School of Economics & Finance.

Prior to embarking on his academic career, Lee spent 8 years working for Citigroup trading foreign-exchange and interest rate derivatives. Lee’s research interests are closely aligned with this prior career and focus on financial markets, particularly the market response to news-events and the impact of prevailing sentiment and microstructure on this reaction.

Lee has published in leading journals including the Journal of Banking & Finance, Journal of Financial Research, Pacific-Basin Finance Journal, Accounting & Finance, The Economic Record, The International Review of Finance, Applied Economics, and the Journal of International Financial Markets, Institutions and Money. Lee has also provided expert commentary to radio and print media, and written opinion pieces for The Conversation. Lee won the award for 'CBS most prolific media commentator' in 2016.

Lee has won awards for research (CBS New Researcher of the Year, 2013) and teaching (CBS New Teacher of the Year, 2014) and is also a CFA Charterholder. Lee is a member of the CBS Strategic Review Board, and a deputy member of Academic Board.

Memberships, Awards and Training

CFA Charterholder

CBS Most Prolific Media Commentator (2016)

CBS New Teacher of the Year (2014)

CBS New Researcher of the Year (2013)

The Economic Society of Australia

American Finance Association, European Finance Association, Asian Finance Association

CBS Strategic Review Board

Curtin University Academic Board (Deputy Member)

Competitive Funding Awards:

CBS Journal Publication Support Scheme 2013 - $3,522

CBS Journal Publication Support Scheme 2014 - $4,307

CBS Journal Publication Support Scheme 2016 - $4,119

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Employment History

2017 -                Associate Professor, Curtin Graduate School of Business

2013 - 2016        Senior Lecturer, School of Economics & Finance, Curtin University

2011 - 2013         Associate Lecturer, School of Banking & Finance, UNSW

2009                   Financial Analyst, CSIRO

2000 - 2008         Vice President, FICC, Citigroup

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Research Fields


Commerce, Management, Tourism and Services

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Research Interests

I am interested in the efficiency, price discovery and market microstructure of financial markets – particularly exchange traded futures and option markets.

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Featured Publications

Journal Articles (Research)


Journal Articles (Research)


Journal Articles (Research)


Journal Articles (Research)


Journal Articles (Research)


Journal Articles (Research)


Journal Articles (Research)

Additional publication categories


Journal Articles (Scholarly/Professional)

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Media Apperances

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