Professor Georgios Sermpinis

  • Professor of Finance (Accounting and Finance) (Accounting & Finance)

telephone: 01413307770
email: Georgios.Sermpinis@glasgow.ac.uk

Room 678D, University of Glasgow, Glasgow G12 8QQ

Import to contacts

ORCID iDhttps://orcid.org/0000-0002-7341-8913

Biography

Georgios Sermpinis joined the Adam Smith Business School in September 2011. He holds degrees from the National Kapodistrian University of Athens and the Liverpool John Moores University. He previously worked at the University of Bedfordshire and Liverpool John Moores University.

Georgios has offered consultancy and provided seminars for major banks such as Goldman Sachs, BNP Paribas, Santander and Societe Generale.

Research interests

Georgios is a member of the Finance research cluster.

Areas of expertise:

  • Machine learning
  • Financial trading
  • Forecasting
  • Econometrics
  • Financial risk management
  • Operations research

Publications

List by: Type | Date

Jump to: 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | 2012 | 2011 | 2010 | 2009
Number of items: 56.

2025

Zografopoulos, Lazaros, Iannino, Maria Chiara, Psaradellis, Ioannis and Sermpinis, Georgios ORCID logoORCID: https://orcid.org/0000-0002-7341-8913 (2025) Industry return prediction via interpretable deep learning. European Journal of Operational Research, 321(1), pp. 257-268. (doi: 10.1016/j.ejor.2024.08.032)

Nunes, Manuel, Gerding, Enrico, McGroarty, Frank, Niranjan, Mahesan and Sermpinis, Georgios ORCID logoORCID: https://orcid.org/0000-0002-7341-8913 (2025) Deep learning for bond yield forecasting: the LSTM-LagLasso. International Journal of Finance and Economics, (Accepted for Publication)

Movaghari, Hadi ORCID logoORCID: https://orcid.org/0000-0001-6648-187X and Sermpinis, Georgios ORCID logoORCID: https://orcid.org/0000-0002-7341-8913 (2025) Heterogeneous impact of cost of carry on corporate money demand. European Financial Management, 31(1), pp. 400-426. (doi: 10.1111/eufm.12507)

2024

Feng, Xin, von Mettenheim, Hans-Jörg, Sermpinis, Georgios ORCID logoORCID: https://orcid.org/0000-0002-7341-8913 and Stasinakis, Charalampos ORCID logoORCID: https://orcid.org/0000-0003-1017-5173 (2024) Sustainable portfolio construction via machine learning: ESG, SDG, and sentiment. European Financial Management, (doi: 10.1111/eufm.12531) (Early Online Publication)

Movaghari, Hadi ORCID logoORCID: https://orcid.org/0000-0001-6648-187X, Serletis, Apostolos and Sermpinis, Georgios ORCID logoORCID: https://orcid.org/0000-0002-7341-8913 (2024) Money demand stability: new evidence from transfer entropy. International Economics, 179, 100524. (doi: 10.1016/j.inteco.2024.100524)

Wei, Mingzhe, Kyriakou, Ioannis, Sermpinis, Georgios ORCID logoORCID: https://orcid.org/0000-0002-7341-8913 and Stasinakis, Charalampos ORCID logoORCID: https://orcid.org/0000-0003-1017-5173 (2024) Cryptocurrencies and Lucky Factors: the value of technical and fundamental analysis. International Journal of Finance and Economics, 29(4), pp. 4073-4104. (doi: 10.1002/ijfe.2863)

Sun, Xiaotong, Stasinakis, Charalampos ORCID logoORCID: https://orcid.org/0000-0003-1017-5173 and Sermpinis, Georgios ORCID logoORCID: https://orcid.org/0000-0002-7341-8913 (2024) Decentralization illusion in decentralized finance: evidence from tokenized voting in MakerDAO polls. Journal of Financial Stability, 73, 101286. (doi: 10.1016/j.jfs.2024.101286)

Da Silva Fernandes, Filipa, Sermpinis, Georgios ORCID logoORCID: https://orcid.org/0000-0002-7341-8913, Stasinakis, Charalampos ORCID logoORCID: https://orcid.org/0000-0003-1017-5173 and Zhao, Yang (2024) Corporate social responsibility and firm survival: evidence from Chinese listed firms. British Journal of Management, 35(2), pp. 1014-1039. (doi: 10.1111/1467-8551.12750)

Hsu, Po-Hsuan, Kyriakou, Ioannis, Ma, Tren and Sermpinis, Georgios ORCID logoORCID: https://orcid.org/0000-0002-7341-8913 (2024) Mutual funds’ conditional performance free of data snooping bias. Journal of Financial and Quantitative Analysis, (doi: 10.1017/S0022109024000097) (Early Online Publication)

2023

Wei, Mingzhe, Sermpinis, Georgios ORCID logoORCID: https://orcid.org/0000-0002-7341-8913 and Stasinakis, Charalampos ORCID logoORCID: https://orcid.org/0000-0003-1017-5173 (2023) Forecasting and trading Bitcoin with machine learning techniques and a hybrid volatility/sentiment leverage. Journal of Forecasting, 42(4), pp. 852-871. (doi: 10.1002/for.2922)

Sermpinis, Georgios ORCID logoORCID: https://orcid.org/0000-0002-7341-8913, Tsoukas, Serafeim ORCID logoORCID: https://orcid.org/0000-0002-6911-639X and Zhang, Yiqun (2023) Modelling failure rates with machine-learning models: Evidence from a panel of UK firms. European Financial Management, 29(3), pp. 734-763. (doi: 10.1111/eufm.12369)

Nguyen, Duc Khoung, Sermpinis, Georgios ORCID logoORCID: https://orcid.org/0000-0002-7341-8913 and Stasinakis, Charalampos ORCID logoORCID: https://orcid.org/0000-0003-1017-5173 (2023) Big data, artificial intelligence, and machine learning: a transformative symbiosis in favour of financial technology. European Financial Management, 29(2), pp. 517-548. (doi: 10.1111/eufm.12365)

Psaradellis, Ioannis, Laws, Jason, Pantelous, Athanasios A. and Sermpinis, Georgios ORCID logoORCID: https://orcid.org/0000-0002-7341-8913 (2023) Technical analysis, spread trading, and data snooping control. International Journal of Forecasting, 39(1), pp. 178-191. (doi: 10.1016/j.ijforecast.2021.10.002)

2022

Li, Wei, Paraschiv, Florentina and Sermpinis, Georgios ORCID logoORCID: https://orcid.org/0000-0002-7341-8913 (2022) A data-driven explainable case-based reasoning approach for financial risk detection. Quantitative Finance, 22(12), pp. 2257-2274. (doi: 10.1080/14697688.2022.2118071)

Andreev, Boris, Sermpinis, Georgios ORCID logoORCID: https://orcid.org/0000-0002-7341-8913 and Stasinakis, Charalampos ORCID logoORCID: https://orcid.org/0000-0003-1017-5173 (2022) Modelling financial markets during times of extreme volatility: evidence from the GameStop short squeeze. Forecasting, 4(3), pp. 654-673. (doi: 10.3390/forecast4030035)

Petropoulos, F. et al. (2022) Forecasting: theory and practice. International Journal of Forecasting, 38(3), pp. 705-871. (doi: 10.1016/j.ijforecast.2021.11.001)

2021

Hassanniakalager, Arman, Sermpinis, Georgios ORCID logoORCID: https://orcid.org/0000-0002-7341-8913 and Stasinakis, Charalampos ORCID logoORCID: https://orcid.org/0000-0003-1017-5173 (2021) Trading the foreign exchange market with technical analysis and Bayesian statistics. Journal of Empirical Finance, 63, pp. 230-251. (doi: 10.1016/j.jempfin.2021.07.006)

Sermpinis, Georgios ORCID logoORCID: https://orcid.org/0000-0002-7341-8913, Hassanniakalager, Arman, Stasinakis, Charalampos ORCID logoORCID: https://orcid.org/0000-0003-1017-5173 and Psaradellis, Ioannis (2021) Technical analysis profitability and persistence: a discrete false discovery approach on MSCI indices. Journal of International Financial Markets, Institutions and Money, 73, 101353. (doi: 10.1016/j.intfin.2021.101353)

Sermpinis, Georgios ORCID logoORCID: https://orcid.org/0000-0002-7341-8913, Karathanasopoulos, Andreas, Rosillo, Rafael and de la Fuente, David (2021) Neural networks in financial trading. Annals of Operations Research, 297(1-2), pp. 293-308. (doi: 10.1007/s10479-019-03144-y)

2020

Hassanniakalager, Arman, Sermpinis, Georgios ORCID logoORCID: https://orcid.org/0000-0002-7341-8913, Stasinakis, Charalampos ORCID logoORCID: https://orcid.org/0000-0003-1017-5173 and Verousis, Thanos (2020) A conditional fuzzy inference approach in forecasting. European Journal of Operational Research, 283(1), pp. 196-216. (doi: 10.1016/j.ejor.2019.11.006)

2019

Sermpinis, Georgios ORCID logoORCID: https://orcid.org/0000-0002-7341-8913, Tsoukas, Serafeim ORCID logoORCID: https://orcid.org/0000-0002-6911-639X and Zhang, Ping (2019) What influences a bank’s decision to go public? International Journal of Finance and Economics, 24(4), pp. 1464-1485. (doi: 10.1002/ijfe.1740)

Zhao, Yang, Stasinakis, Charalampos ORCID logoORCID: https://orcid.org/0000-0003-1017-5173, Sermpinis, Georgios ORCID logoORCID: https://orcid.org/0000-0002-7341-8913 and Da Silva Fernandes, Filipa (2019) Revisiting Fama-French factors’ predictability with Bayesian modelling and copula-based portfolio optimization. International Journal of Finance and Economics, 24(42), pp. 1443-1463. (doi: 10.1002/ijfe.1742)

Psaradellis, Ioannis, Laws, Jason, Pantelous, Athanasios A. and Sermpinis, Georgios ORCID logoORCID: https://orcid.org/0000-0002-7341-8913 (2019) Performance of technical trading rules: evidence from the crude oil market. European Journal of Finance, 25(17), pp. 1793-1815. (doi: 10.1080/1351847X.2018.1552172)

2018

Sermpinis, Georgios ORCID logoORCID: https://orcid.org/0000-0002-7341-8913, Tsoukas, Serafeim ORCID logoORCID: https://orcid.org/0000-0002-6911-639X and Zhang, Ping (2018) Modelling market implied ratings using LASSO variable selection techniques. Journal of Empirical Finance, 48, pp. 19-35. (doi: 10.1016/j.jempfin.2018.05.001)

Zhao, Yang, Stasinakis, Charalampos ORCID logoORCID: https://orcid.org/0000-0003-1017-5173, Sermpinis, Georgios ORCID logoORCID: https://orcid.org/0000-0002-7341-8913 and Shi, Yukun ORCID logoORCID: https://orcid.org/0000-0002-6917-221X (2018) Neural network copula portfolio optimization for exchange traded funds. Quantitative Finance, 18(5), pp. 761-775. (doi: 10.1080/14697688.2017.1414505)

Verousis, Thanos, Perotti, Pietro and Sermpinis, Georgios ORCID logoORCID: https://orcid.org/0000-0002-7341-8913 (2018) One size fits all? High frequency trading, tick size changes and the implications for exchanges: market quality and market structure considerations. Review of Quantitative Finance and Accounting, 50(2), pp. 353-392. (doi: 10.1007/s11156-017-0632-2)

2017

Sermpinis, Georgios ORCID logoORCID: https://orcid.org/0000-0002-7341-8913, Stasinakis, Charalampos ORCID logoORCID: https://orcid.org/0000-0003-1017-5173 and Hassanniakalager, Arman (2017) Reverse adaptive krill herd locally weighted support vector regression for forecasting and trading exchange traded funds. European Journal of Operational Research, 263(2), pp. 540-558. (doi: 10.1016/j.ejor.2017.06.019)

Sermpinis, Georgios ORCID logoORCID: https://orcid.org/0000-0002-7341-8913, Stasinakis, Charalampos ORCID logoORCID: https://orcid.org/0000-0003-1017-5173, Rosillo, Rafael and de la Fuente, David (2017) European exchange trading funds trading with locally weighted support vector regression. European Journal of Operational Research, 258(1), pp. 372-384. (doi: 10.1016/j.ejor.2016.09.005)

2016

Psaradellis, Ioannis and Sermpinis, Georgios ORCID logoORCID: https://orcid.org/0000-0002-7341-8913 (2016) Modelling and trading the U.S. implied volatility indices: evidence from the VIX, VXN and VXD indices. International Journal of Forecasting, 32(4), pp. 1268-1283. (doi: 10.1016/j.ijforecast.2016.05.004)

Stasinakis, Charalampos ORCID logoORCID: https://orcid.org/0000-0003-1017-5173, Sermpinis, Georgios ORCID logoORCID: https://orcid.org/0000-0002-7341-8913, Psaradellis, Ioannis and Verousis, Thanos (2016) Krill herd support vector regression and heterogeneous autoregressive leverage: evidence from forecasting and trading commodities. Quantitative Finance, 16(102), pp. 1901-1915. (doi: 10.1080/14697688.2016.1211800)

Stasinakis, Charalampos ORCID logoORCID: https://orcid.org/0000-0003-1017-5173, Sermpinis, Georgios ORCID logoORCID: https://orcid.org/0000-0002-7341-8913, Theofilatos, Konstantinos and Karathanasopoulos, Andreas (2016) Forecasting US unemployment with radial basis neural networks, kalman filters and support vector regressions. Computational Economics, 47(4), pp. 569-587. (doi: 10.1007/s10614-014-9479-y)

Sermpinis, Georgios ORCID logoORCID: https://orcid.org/0000-0002-7341-8913, Verousis, Thanos and Theofilatos, Konstantinos (2016) Adaptive evolutionary neural networks for forecasting and trading without a data-snooping bias. Journal of Forecasting, 35(1), pp. 1-12. (doi: 10.1002/for.2338)

Karathanasopoulos, Andreas, Theofilatos, Konstantinos Athanasios, Sermpinis, Georgios ORCID logoORCID: https://orcid.org/0000-0002-7341-8913, Dunis, Christian, Mitra, Sovan and Stasinakis, Charalampos ORCID logoORCID: https://orcid.org/0000-0003-1017-5173 (2016) Stock market prediction using evolutionary support vector machines: an application to the ASE20 index. European Journal of Finance, 22(12), pp. 1145-1163. (doi: 10.1080/1351847X.2015.1040167)

2015

Sermpinis, Georgios ORCID logoORCID: https://orcid.org/0000-0002-7341-8913, Stasinakis, Charalampos ORCID logoORCID: https://orcid.org/0000-0003-1017-5173, Theofilatos, Konstantinos and Karathanasopoulos, Andreas (2015) Modeling, forecasting and trading the EUR exchange rates with hybrid rolling genetic algorithms: support vector regression forecast combinations. European Journal of Operational Research, 247(3), pp. 831-846. (doi: 10.1016/j.ejor.2015.06.052)

Mitra, Sovan, Karathanasopoulos, Andreas, Sermpinis, Georgios ORCID logoORCID: https://orcid.org/0000-0002-7341-8913 and Dunis, Christian (2015) Operational risk: emerging markets, sectors and measurement. European Journal of Operational Research, 241(1), pp. 122-132. (doi: 10.1016/j.ejor.2014.08.021)

2014

Karathanasopoulos, Andreas, Sermpinis, Georgios ORCID logoORCID: https://orcid.org/0000-0002-7341-8913, Laws, Jason and Dunis, Christian (2014) Modelling and trading the Greek stock market with gene expression and genetic programing algorithms. Journal of Forecasting, 33(8), pp. 596-610. (doi: 10.1002/for.2290)

Sermpinis, Georgios ORCID logoORCID: https://orcid.org/0000-0002-7341-8913, Stasinakis, Charalampos, Theofilatos, Konstantinos and Karathanasopoulos, Andreas (2014) Inflation and unemployment forecasting with genetic support vector regression. Journal of Forecasting, 33(6), pp. 471-487. (doi: 10.1002/for.2296)

Sermpinis, Georgios ORCID logoORCID: https://orcid.org/0000-0002-7341-8913, Stasinakis, Charalampos and Dunis, Christian (2014) Stochastic and genetic neural network combinations in trading and hybrid time-varying leverage effects. Journal of International Financial Markets, Institutions and Money, 30(1), pp. 21-54. (doi: 10.1016/j.intfin.2014.01.006)

Sermpinis, G ORCID logoORCID: https://orcid.org/0000-0002-7341-8913, Laws, J. and Dunis, C.L. (2014) Modelling commodity value at risk with Psi Sigma neural networks using open–high–low–close data. European Journal of Finance, 21(4), pp. 316-336. (doi: 10.1080/1351847X.2012.744763)

Dunis, Christian, Likothanassis, Spyridon, Karathanasopoulos, Andreas, Sermpinis, Georgios ORCID logoORCID: https://orcid.org/0000-0002-7341-8913 and Theofilatos, Konstantinos (Eds.) (2014) Computational Intelligence Techniques for Trading and Investment. Series: Routledge advances in experimental and computable economics. Routledge. ISBN 9780415636803

Stasinakis, Charalampos ORCID logoORCID: https://orcid.org/0000-0003-1017-5173 and Sermpinis, Georgios ORCID logoORCID: https://orcid.org/0000-0002-7341-8913 (2014) Financial forecasting and trading strategies: a survey. In: Dunis, C., Likothanassis, S., Karathanasopoulos, A., Sermpinis, G. and Theofilatos, K. (eds.) Computational Intelligence Techniques for Trading and Investment. Routledge: Abindgon, pp. 22-36. ISBN 9780415636803

2013

Sermpinis, G. ORCID logoORCID: https://orcid.org/0000-0002-7341-8913, Theofilatos, K., Karathanasopoulos, A. and Dunis, C. (2013) Forecasting foreign exchange rates with adaptive neural networks using radial basis functions and particle swarm optimization. European Journal of Operational Research, 225(3), pp. 528-540. (doi: 10.1016/j.ejor.2012.10.020)

Dunis, C.L., Likothanassis, S.D., Karathanasopoulos, A.S., Sermpinis, G.S. ORCID logoORCID: https://orcid.org/0000-0002-7341-8913 and Theofilatos, K.A. (2013) A hybrid genetic algorithm–support vector machine approach in the task of forecasting and trading. Journal of Asset Management, 14(1), pp. 52-71. (doi: 10.1057/jam.2013.2)

Dimitrakopoulos, Christos, Karathanasopoulos, Andreas, Sermpinis, Georgios ORCID logoORCID: https://orcid.org/0000-0002-7341-8913 and Likothanassis, Spiros (2013) Adaptive filtering on forecasting financial derivatives indices. In: Dunis, Christian, Likothanassis, Spiros, Karathanasopoulos, Andreas, Sermpinis, Georgios and Theofilatos, Konstantinos (eds.) Computational Intelligence Techniques for Trading and Investment. Series: Routledge advances in experimental and computable economics (6). Routledge: Abingdon, pp. 66-78. ISBN 9780415636803 (doi: 10.4324/9780203084984)

Dunis, C., Sermpinis, G. ORCID logoORCID: https://orcid.org/0000-0002-7341-8913 and Karampelia, M.F. (2013) Stock market linkages among new EMU members and the Euro area: implications for financial integration and portfolio diversification. Studies in Economics and Finance, 30(4), pp. 370-388. (doi: 10.1108/SEF-04-2012-0048)

Sermpinis, G. ORCID logoORCID: https://orcid.org/0000-0002-7341-8913, Stasinakis, C. and Karathanasopoulos, A. (2013) Kalman filter and SVR combinations in forecasting US unemployment. Artificial Intelligence Applications and Innovations, 412, pp. 506-515. (doi: 10.1007/978-3-642-41142-7_51)

Sermpinis, Georgios ORCID logoORCID: https://orcid.org/0000-0002-7341-8913, Fountouli, Anastasia, Theofilatos, Konstantinos and Karathanasopoulos, Andreas (2013) Gene expression programming and trading strategies. Artificial Intelligence Applications and Innovations, 412, pp. 497-505. (doi: 10.1007/978-3-642-41142-7_50)

Sermpinis, G., Laws, J. and Dunis, C.L. (2013) Modelling and trading the realised volatility of the FTSE100 futures with higher order neural networks. European Journal of Finance, 19(3), pp. 165-179. (doi: 10.1080/1351847X.2011.606990)

Theofilatos, Konstantinos, Amorgianiotis, Thomas, Karathanasopoulos, Andreas, Sermpinis, Georgios ORCID logoORCID: https://orcid.org/0000-0002-7341-8913, Georgopoulos, Efstratios and Likothanassis, Spiros (2013) Advanced short-term forecasting and trading deploying neural networks optimized with adaptive evolutionary algorith. In: Dunis, Christian, Likothanassis, Spiros, Karathanasopoulos, Andreas, Sermpinis, Georgios and Theofilatos, Konstantinos (eds.) Computational Intelligence Techniques for Trading and Investment. Series: Routledge advances in experimental and computable economics (6). Routledge: Abingdon, pp. 133-145. ISBN 9780415636803 (doi: 10.4324/9780203084984)

2012

Sermpinis, Georgios ORCID logoORCID: https://orcid.org/0000-0002-7341-8913, Dunis, Christian, Laws, Jason and Stasinakis, Charalampos ORCID logoORCID: https://orcid.org/0000-0003-1017-5173 (2012) Forecasting and trading the EUR/USD exchange rate with stochastic Neural Network combination and time-varying leverage. Decision Support Systems, 54(1), pp. 316-329. (doi: 10.1016/j.dss.2012.05.039)

Sermpinis, G. ORCID logoORCID: https://orcid.org/0000-0002-7341-8913, Laws, J., Karathanasopoulos, A. and Dunis, C.L. (2012) Forecasting and trading the EUR/USD exchange rate with Gene Expression and Psi Sigma Neural Networks. Expert Systems with Applications, 39(10), pp. 8865-8877. (doi: 10.1016/j.eswa.2012.02.022)

Sermpinis, Georgios ORCID logoORCID: https://orcid.org/0000-0002-7341-8913, Dunis, Christian, Laws, Jason and Stasinakis, Charalampos ORCID logoORCID: https://orcid.org/0000-0003-1017-5173 (2012) Kalman filters and neural networks in forecasting and trading. In: Jayne, Christina, Yue, Shigang and Iliadis, Lazaros (eds.) Engineering Applications of Neural Networks, 13th International Conference EANN 2012 Proceedings, EANN 2012, CCIS 311. Series: Communications in Computer and Information Science (311). Springer Berlin Heidelberg: Berlin Heidelberg, pp. 433-442. ISBN 9783642329081 (doi: 10.1007/978-3-642-32909-8_44)

2011

Dunis, C.L., Laws, J. and Sermpinis, G. (2011) Higher order and recurrent neural architectures for trading the EUR/USD exchange rate. Quantitative Finance, 11(4), pp. 615-629. (doi: 10.1080/14697680903386348)

2010

Dunis, C.L., Laws, J. and Sermpinis, G. (2010) Modelling and trading the EUR/USD exchange rate at the ECB fixing. European Journal of Finance, 16(6), pp. 541-560. (doi: 10.1080/13518470903037771)

Dunis, C.L., Laws, J. and Sermpinis, G. (2010) Modelling commodity value at risk with higher order neural networks. Applied Financial Economics, 20(7), pp. 585-600. (doi: 10.1080/09603100903459873)

2009

Dunis, C.L., Laws, J. and Sermpinis, G. (2009) The robustness of neural networks for modelling and trading the EUR/USD exchange rate at the ECB fixing. Journal of Derivatives and Hedge Funds, 15(3), pp. 186-205. (doi: 10.1057/jdhf.2009.10)

This list was generated on Sun Jun 15 07:17:41 2025 BST.
Jump to: Articles | Book Sections | Edited Books
Number of items: 56.

Articles

Zografopoulos, Lazaros, Iannino, Maria Chiara, Psaradellis, Ioannis and Sermpinis, Georgios ORCID logoORCID: https://orcid.org/0000-0002-7341-8913 (2025) Industry return prediction via interpretable deep learning. European Journal of Operational Research, 321(1), pp. 257-268. (doi: 10.1016/j.ejor.2024.08.032)

Nunes, Manuel, Gerding, Enrico, McGroarty, Frank, Niranjan, Mahesan and Sermpinis, Georgios ORCID logoORCID: https://orcid.org/0000-0002-7341-8913 (2025) Deep learning for bond yield forecasting: the LSTM-LagLasso. International Journal of Finance and Economics, (Accepted for Publication)

Movaghari, Hadi ORCID logoORCID: https://orcid.org/0000-0001-6648-187X and Sermpinis, Georgios ORCID logoORCID: https://orcid.org/0000-0002-7341-8913 (2025) Heterogeneous impact of cost of carry on corporate money demand. European Financial Management, 31(1), pp. 400-426. (doi: 10.1111/eufm.12507)

Feng, Xin, von Mettenheim, Hans-Jörg, Sermpinis, Georgios ORCID logoORCID: https://orcid.org/0000-0002-7341-8913 and Stasinakis, Charalampos ORCID logoORCID: https://orcid.org/0000-0003-1017-5173 (2024) Sustainable portfolio construction via machine learning: ESG, SDG, and sentiment. European Financial Management, (doi: 10.1111/eufm.12531) (Early Online Publication)

Movaghari, Hadi ORCID logoORCID: https://orcid.org/0000-0001-6648-187X, Serletis, Apostolos and Sermpinis, Georgios ORCID logoORCID: https://orcid.org/0000-0002-7341-8913 (2024) Money demand stability: new evidence from transfer entropy. International Economics, 179, 100524. (doi: 10.1016/j.inteco.2024.100524)

Wei, Mingzhe, Kyriakou, Ioannis, Sermpinis, Georgios ORCID logoORCID: https://orcid.org/0000-0002-7341-8913 and Stasinakis, Charalampos ORCID logoORCID: https://orcid.org/0000-0003-1017-5173 (2024) Cryptocurrencies and Lucky Factors: the value of technical and fundamental analysis. International Journal of Finance and Economics, 29(4), pp. 4073-4104. (doi: 10.1002/ijfe.2863)

Sun, Xiaotong, Stasinakis, Charalampos ORCID logoORCID: https://orcid.org/0000-0003-1017-5173 and Sermpinis, Georgios ORCID logoORCID: https://orcid.org/0000-0002-7341-8913 (2024) Decentralization illusion in decentralized finance: evidence from tokenized voting in MakerDAO polls. Journal of Financial Stability, 73, 101286. (doi: 10.1016/j.jfs.2024.101286)

Da Silva Fernandes, Filipa, Sermpinis, Georgios ORCID logoORCID: https://orcid.org/0000-0002-7341-8913, Stasinakis, Charalampos ORCID logoORCID: https://orcid.org/0000-0003-1017-5173 and Zhao, Yang (2024) Corporate social responsibility and firm survival: evidence from Chinese listed firms. British Journal of Management, 35(2), pp. 1014-1039. (doi: 10.1111/1467-8551.12750)

Hsu, Po-Hsuan, Kyriakou, Ioannis, Ma, Tren and Sermpinis, Georgios ORCID logoORCID: https://orcid.org/0000-0002-7341-8913 (2024) Mutual funds’ conditional performance free of data snooping bias. Journal of Financial and Quantitative Analysis, (doi: 10.1017/S0022109024000097) (Early Online Publication)

Wei, Mingzhe, Sermpinis, Georgios ORCID logoORCID: https://orcid.org/0000-0002-7341-8913 and Stasinakis, Charalampos ORCID logoORCID: https://orcid.org/0000-0003-1017-5173 (2023) Forecasting and trading Bitcoin with machine learning techniques and a hybrid volatility/sentiment leverage. Journal of Forecasting, 42(4), pp. 852-871. (doi: 10.1002/for.2922)

Sermpinis, Georgios ORCID logoORCID: https://orcid.org/0000-0002-7341-8913, Tsoukas, Serafeim ORCID logoORCID: https://orcid.org/0000-0002-6911-639X and Zhang, Yiqun (2023) Modelling failure rates with machine-learning models: Evidence from a panel of UK firms. European Financial Management, 29(3), pp. 734-763. (doi: 10.1111/eufm.12369)

Nguyen, Duc Khoung, Sermpinis, Georgios ORCID logoORCID: https://orcid.org/0000-0002-7341-8913 and Stasinakis, Charalampos ORCID logoORCID: https://orcid.org/0000-0003-1017-5173 (2023) Big data, artificial intelligence, and machine learning: a transformative symbiosis in favour of financial technology. European Financial Management, 29(2), pp. 517-548. (doi: 10.1111/eufm.12365)

Psaradellis, Ioannis, Laws, Jason, Pantelous, Athanasios A. and Sermpinis, Georgios ORCID logoORCID: https://orcid.org/0000-0002-7341-8913 (2023) Technical analysis, spread trading, and data snooping control. International Journal of Forecasting, 39(1), pp. 178-191. (doi: 10.1016/j.ijforecast.2021.10.002)

Li, Wei, Paraschiv, Florentina and Sermpinis, Georgios ORCID logoORCID: https://orcid.org/0000-0002-7341-8913 (2022) A data-driven explainable case-based reasoning approach for financial risk detection. Quantitative Finance, 22(12), pp. 2257-2274. (doi: 10.1080/14697688.2022.2118071)

Andreev, Boris, Sermpinis, Georgios ORCID logoORCID: https://orcid.org/0000-0002-7341-8913 and Stasinakis, Charalampos ORCID logoORCID: https://orcid.org/0000-0003-1017-5173 (2022) Modelling financial markets during times of extreme volatility: evidence from the GameStop short squeeze. Forecasting, 4(3), pp. 654-673. (doi: 10.3390/forecast4030035)

Petropoulos, F. et al. (2022) Forecasting: theory and practice. International Journal of Forecasting, 38(3), pp. 705-871. (doi: 10.1016/j.ijforecast.2021.11.001)

Hassanniakalager, Arman, Sermpinis, Georgios ORCID logoORCID: https://orcid.org/0000-0002-7341-8913 and Stasinakis, Charalampos ORCID logoORCID: https://orcid.org/0000-0003-1017-5173 (2021) Trading the foreign exchange market with technical analysis and Bayesian statistics. Journal of Empirical Finance, 63, pp. 230-251. (doi: 10.1016/j.jempfin.2021.07.006)

Sermpinis, Georgios ORCID logoORCID: https://orcid.org/0000-0002-7341-8913, Hassanniakalager, Arman, Stasinakis, Charalampos ORCID logoORCID: https://orcid.org/0000-0003-1017-5173 and Psaradellis, Ioannis (2021) Technical analysis profitability and persistence: a discrete false discovery approach on MSCI indices. Journal of International Financial Markets, Institutions and Money, 73, 101353. (doi: 10.1016/j.intfin.2021.101353)

Sermpinis, Georgios ORCID logoORCID: https://orcid.org/0000-0002-7341-8913, Karathanasopoulos, Andreas, Rosillo, Rafael and de la Fuente, David (2021) Neural networks in financial trading. Annals of Operations Research, 297(1-2), pp. 293-308. (doi: 10.1007/s10479-019-03144-y)

Hassanniakalager, Arman, Sermpinis, Georgios ORCID logoORCID: https://orcid.org/0000-0002-7341-8913, Stasinakis, Charalampos ORCID logoORCID: https://orcid.org/0000-0003-1017-5173 and Verousis, Thanos (2020) A conditional fuzzy inference approach in forecasting. European Journal of Operational Research, 283(1), pp. 196-216. (doi: 10.1016/j.ejor.2019.11.006)

Sermpinis, Georgios ORCID logoORCID: https://orcid.org/0000-0002-7341-8913, Tsoukas, Serafeim ORCID logoORCID: https://orcid.org/0000-0002-6911-639X and Zhang, Ping (2019) What influences a bank’s decision to go public? International Journal of Finance and Economics, 24(4), pp. 1464-1485. (doi: 10.1002/ijfe.1740)

Zhao, Yang, Stasinakis, Charalampos ORCID logoORCID: https://orcid.org/0000-0003-1017-5173, Sermpinis, Georgios ORCID logoORCID: https://orcid.org/0000-0002-7341-8913 and Da Silva Fernandes, Filipa (2019) Revisiting Fama-French factors’ predictability with Bayesian modelling and copula-based portfolio optimization. International Journal of Finance and Economics, 24(42), pp. 1443-1463. (doi: 10.1002/ijfe.1742)

Psaradellis, Ioannis, Laws, Jason, Pantelous, Athanasios A. and Sermpinis, Georgios ORCID logoORCID: https://orcid.org/0000-0002-7341-8913 (2019) Performance of technical trading rules: evidence from the crude oil market. European Journal of Finance, 25(17), pp. 1793-1815. (doi: 10.1080/1351847X.2018.1552172)

Sermpinis, Georgios ORCID logoORCID: https://orcid.org/0000-0002-7341-8913, Tsoukas, Serafeim ORCID logoORCID: https://orcid.org/0000-0002-6911-639X and Zhang, Ping (2018) Modelling market implied ratings using LASSO variable selection techniques. Journal of Empirical Finance, 48, pp. 19-35. (doi: 10.1016/j.jempfin.2018.05.001)

Zhao, Yang, Stasinakis, Charalampos ORCID logoORCID: https://orcid.org/0000-0003-1017-5173, Sermpinis, Georgios ORCID logoORCID: https://orcid.org/0000-0002-7341-8913 and Shi, Yukun ORCID logoORCID: https://orcid.org/0000-0002-6917-221X (2018) Neural network copula portfolio optimization for exchange traded funds. Quantitative Finance, 18(5), pp. 761-775. (doi: 10.1080/14697688.2017.1414505)

Verousis, Thanos, Perotti, Pietro and Sermpinis, Georgios ORCID logoORCID: https://orcid.org/0000-0002-7341-8913 (2018) One size fits all? High frequency trading, tick size changes and the implications for exchanges: market quality and market structure considerations. Review of Quantitative Finance and Accounting, 50(2), pp. 353-392. (doi: 10.1007/s11156-017-0632-2)

Sermpinis, Georgios ORCID logoORCID: https://orcid.org/0000-0002-7341-8913, Stasinakis, Charalampos ORCID logoORCID: https://orcid.org/0000-0003-1017-5173 and Hassanniakalager, Arman (2017) Reverse adaptive krill herd locally weighted support vector regression for forecasting and trading exchange traded funds. European Journal of Operational Research, 263(2), pp. 540-558. (doi: 10.1016/j.ejor.2017.06.019)

Sermpinis, Georgios ORCID logoORCID: https://orcid.org/0000-0002-7341-8913, Stasinakis, Charalampos ORCID logoORCID: https://orcid.org/0000-0003-1017-5173, Rosillo, Rafael and de la Fuente, David (2017) European exchange trading funds trading with locally weighted support vector regression. European Journal of Operational Research, 258(1), pp. 372-384. (doi: 10.1016/j.ejor.2016.09.005)

Psaradellis, Ioannis and Sermpinis, Georgios ORCID logoORCID: https://orcid.org/0000-0002-7341-8913 (2016) Modelling and trading the U.S. implied volatility indices: evidence from the VIX, VXN and VXD indices. International Journal of Forecasting, 32(4), pp. 1268-1283. (doi: 10.1016/j.ijforecast.2016.05.004)

Stasinakis, Charalampos ORCID logoORCID: https://orcid.org/0000-0003-1017-5173, Sermpinis, Georgios ORCID logoORCID: https://orcid.org/0000-0002-7341-8913, Psaradellis, Ioannis and Verousis, Thanos (2016) Krill herd support vector regression and heterogeneous autoregressive leverage: evidence from forecasting and trading commodities. Quantitative Finance, 16(102), pp. 1901-1915. (doi: 10.1080/14697688.2016.1211800)

Stasinakis, Charalampos ORCID logoORCID: https://orcid.org/0000-0003-1017-5173, Sermpinis, Georgios ORCID logoORCID: https://orcid.org/0000-0002-7341-8913, Theofilatos, Konstantinos and Karathanasopoulos, Andreas (2016) Forecasting US unemployment with radial basis neural networks, kalman filters and support vector regressions. Computational Economics, 47(4), pp. 569-587. (doi: 10.1007/s10614-014-9479-y)

Sermpinis, Georgios ORCID logoORCID: https://orcid.org/0000-0002-7341-8913, Verousis, Thanos and Theofilatos, Konstantinos (2016) Adaptive evolutionary neural networks for forecasting and trading without a data-snooping bias. Journal of Forecasting, 35(1), pp. 1-12. (doi: 10.1002/for.2338)

Karathanasopoulos, Andreas, Theofilatos, Konstantinos Athanasios, Sermpinis, Georgios ORCID logoORCID: https://orcid.org/0000-0002-7341-8913, Dunis, Christian, Mitra, Sovan and Stasinakis, Charalampos ORCID logoORCID: https://orcid.org/0000-0003-1017-5173 (2016) Stock market prediction using evolutionary support vector machines: an application to the ASE20 index. European Journal of Finance, 22(12), pp. 1145-1163. (doi: 10.1080/1351847X.2015.1040167)

Sermpinis, Georgios ORCID logoORCID: https://orcid.org/0000-0002-7341-8913, Stasinakis, Charalampos ORCID logoORCID: https://orcid.org/0000-0003-1017-5173, Theofilatos, Konstantinos and Karathanasopoulos, Andreas (2015) Modeling, forecasting and trading the EUR exchange rates with hybrid rolling genetic algorithms: support vector regression forecast combinations. European Journal of Operational Research, 247(3), pp. 831-846. (doi: 10.1016/j.ejor.2015.06.052)

Mitra, Sovan, Karathanasopoulos, Andreas, Sermpinis, Georgios ORCID logoORCID: https://orcid.org/0000-0002-7341-8913 and Dunis, Christian (2015) Operational risk: emerging markets, sectors and measurement. European Journal of Operational Research, 241(1), pp. 122-132. (doi: 10.1016/j.ejor.2014.08.021)

Karathanasopoulos, Andreas, Sermpinis, Georgios ORCID logoORCID: https://orcid.org/0000-0002-7341-8913, Laws, Jason and Dunis, Christian (2014) Modelling and trading the Greek stock market with gene expression and genetic programing algorithms. Journal of Forecasting, 33(8), pp. 596-610. (doi: 10.1002/for.2290)

Sermpinis, Georgios ORCID logoORCID: https://orcid.org/0000-0002-7341-8913, Stasinakis, Charalampos, Theofilatos, Konstantinos and Karathanasopoulos, Andreas (2014) Inflation and unemployment forecasting with genetic support vector regression. Journal of Forecasting, 33(6), pp. 471-487. (doi: 10.1002/for.2296)

Sermpinis, Georgios ORCID logoORCID: https://orcid.org/0000-0002-7341-8913, Stasinakis, Charalampos and Dunis, Christian (2014) Stochastic and genetic neural network combinations in trading and hybrid time-varying leverage effects. Journal of International Financial Markets, Institutions and Money, 30(1), pp. 21-54. (doi: 10.1016/j.intfin.2014.01.006)

Sermpinis, G ORCID logoORCID: https://orcid.org/0000-0002-7341-8913, Laws, J. and Dunis, C.L. (2014) Modelling commodity value at risk with Psi Sigma neural networks using open–high–low–close data. European Journal of Finance, 21(4), pp. 316-336. (doi: 10.1080/1351847X.2012.744763)

Sermpinis, G. ORCID logoORCID: https://orcid.org/0000-0002-7341-8913, Theofilatos, K., Karathanasopoulos, A. and Dunis, C. (2013) Forecasting foreign exchange rates with adaptive neural networks using radial basis functions and particle swarm optimization. European Journal of Operational Research, 225(3), pp. 528-540. (doi: 10.1016/j.ejor.2012.10.020)

Dunis, C.L., Likothanassis, S.D., Karathanasopoulos, A.S., Sermpinis, G.S. ORCID logoORCID: https://orcid.org/0000-0002-7341-8913 and Theofilatos, K.A. (2013) A hybrid genetic algorithm–support vector machine approach in the task of forecasting and trading. Journal of Asset Management, 14(1), pp. 52-71. (doi: 10.1057/jam.2013.2)

Dunis, C., Sermpinis, G. ORCID logoORCID: https://orcid.org/0000-0002-7341-8913 and Karampelia, M.F. (2013) Stock market linkages among new EMU members and the Euro area: implications for financial integration and portfolio diversification. Studies in Economics and Finance, 30(4), pp. 370-388. (doi: 10.1108/SEF-04-2012-0048)

Sermpinis, G. ORCID logoORCID: https://orcid.org/0000-0002-7341-8913, Stasinakis, C. and Karathanasopoulos, A. (2013) Kalman filter and SVR combinations in forecasting US unemployment. Artificial Intelligence Applications and Innovations, 412, pp. 506-515. (doi: 10.1007/978-3-642-41142-7_51)

Sermpinis, Georgios ORCID logoORCID: https://orcid.org/0000-0002-7341-8913, Fountouli, Anastasia, Theofilatos, Konstantinos and Karathanasopoulos, Andreas (2013) Gene expression programming and trading strategies. Artificial Intelligence Applications and Innovations, 412, pp. 497-505. (doi: 10.1007/978-3-642-41142-7_50)

Sermpinis, G., Laws, J. and Dunis, C.L. (2013) Modelling and trading the realised volatility of the FTSE100 futures with higher order neural networks. European Journal of Finance, 19(3), pp. 165-179. (doi: 10.1080/1351847X.2011.606990)

Sermpinis, Georgios ORCID logoORCID: https://orcid.org/0000-0002-7341-8913, Dunis, Christian, Laws, Jason and Stasinakis, Charalampos ORCID logoORCID: https://orcid.org/0000-0003-1017-5173 (2012) Forecasting and trading the EUR/USD exchange rate with stochastic Neural Network combination and time-varying leverage. Decision Support Systems, 54(1), pp. 316-329. (doi: 10.1016/j.dss.2012.05.039)

Sermpinis, G. ORCID logoORCID: https://orcid.org/0000-0002-7341-8913, Laws, J., Karathanasopoulos, A. and Dunis, C.L. (2012) Forecasting and trading the EUR/USD exchange rate with Gene Expression and Psi Sigma Neural Networks. Expert Systems with Applications, 39(10), pp. 8865-8877. (doi: 10.1016/j.eswa.2012.02.022)

Dunis, C.L., Laws, J. and Sermpinis, G. (2011) Higher order and recurrent neural architectures for trading the EUR/USD exchange rate. Quantitative Finance, 11(4), pp. 615-629. (doi: 10.1080/14697680903386348)

Dunis, C.L., Laws, J. and Sermpinis, G. (2010) Modelling and trading the EUR/USD exchange rate at the ECB fixing. European Journal of Finance, 16(6), pp. 541-560. (doi: 10.1080/13518470903037771)

Dunis, C.L., Laws, J. and Sermpinis, G. (2010) Modelling commodity value at risk with higher order neural networks. Applied Financial Economics, 20(7), pp. 585-600. (doi: 10.1080/09603100903459873)

Dunis, C.L., Laws, J. and Sermpinis, G. (2009) The robustness of neural networks for modelling and trading the EUR/USD exchange rate at the ECB fixing. Journal of Derivatives and Hedge Funds, 15(3), pp. 186-205. (doi: 10.1057/jdhf.2009.10)

Book Sections

Stasinakis, Charalampos ORCID logoORCID: https://orcid.org/0000-0003-1017-5173 and Sermpinis, Georgios ORCID logoORCID: https://orcid.org/0000-0002-7341-8913 (2014) Financial forecasting and trading strategies: a survey. In: Dunis, C., Likothanassis, S., Karathanasopoulos, A., Sermpinis, G. and Theofilatos, K. (eds.) Computational Intelligence Techniques for Trading and Investment. Routledge: Abindgon, pp. 22-36. ISBN 9780415636803

Dimitrakopoulos, Christos, Karathanasopoulos, Andreas, Sermpinis, Georgios ORCID logoORCID: https://orcid.org/0000-0002-7341-8913 and Likothanassis, Spiros (2013) Adaptive filtering on forecasting financial derivatives indices. In: Dunis, Christian, Likothanassis, Spiros, Karathanasopoulos, Andreas, Sermpinis, Georgios and Theofilatos, Konstantinos (eds.) Computational Intelligence Techniques for Trading and Investment. Series: Routledge advances in experimental and computable economics (6). Routledge: Abingdon, pp. 66-78. ISBN 9780415636803 (doi: 10.4324/9780203084984)

Theofilatos, Konstantinos, Amorgianiotis, Thomas, Karathanasopoulos, Andreas, Sermpinis, Georgios ORCID logoORCID: https://orcid.org/0000-0002-7341-8913, Georgopoulos, Efstratios and Likothanassis, Spiros (2013) Advanced short-term forecasting and trading deploying neural networks optimized with adaptive evolutionary algorith. In: Dunis, Christian, Likothanassis, Spiros, Karathanasopoulos, Andreas, Sermpinis, Georgios and Theofilatos, Konstantinos (eds.) Computational Intelligence Techniques for Trading and Investment. Series: Routledge advances in experimental and computable economics (6). Routledge: Abingdon, pp. 133-145. ISBN 9780415636803 (doi: 10.4324/9780203084984)

Sermpinis, Georgios ORCID logoORCID: https://orcid.org/0000-0002-7341-8913, Dunis, Christian, Laws, Jason and Stasinakis, Charalampos ORCID logoORCID: https://orcid.org/0000-0003-1017-5173 (2012) Kalman filters and neural networks in forecasting and trading. In: Jayne, Christina, Yue, Shigang and Iliadis, Lazaros (eds.) Engineering Applications of Neural Networks, 13th International Conference EANN 2012 Proceedings, EANN 2012, CCIS 311. Series: Communications in Computer and Information Science (311). Springer Berlin Heidelberg: Berlin Heidelberg, pp. 433-442. ISBN 9783642329081 (doi: 10.1007/978-3-642-32909-8_44)

Edited Books

Dunis, Christian, Likothanassis, Spyridon, Karathanasopoulos, Andreas, Sermpinis, Georgios ORCID logoORCID: https://orcid.org/0000-0002-7341-8913 and Theofilatos, Konstantinos (Eds.) (2014) Computational Intelligence Techniques for Trading and Investment. Series: Routledge advances in experimental and computable economics. Routledge. ISBN 9780415636803

This list was generated on Sun Jun 15 07:17:41 2025 BST.

Grants

  • Research Grant, Acanto Research, 2017
  • Research Grant, Santander and University of Oviedo, 2017
  • Research Grant, Wards, 2018
  • Mobility Grant, Universidad de La Laguna, 2017
  • Research Grant, University of Oviedo, 2014
  • Early Career Research Grant, University of Bedfordshire, 2010

Supervision

  • Feng, Xin
    ESG investment with machine learning
  • Sun, Longguang
    Essays on Financial Markets: Evidence from Corporate Behavior and Asset Pricing

Teaching

  • Machine Learning and Artificial Intelligence in Finance
  • Financial Risk Management
  • Derivatives

Additional information

  • Senior Editor of Decision Support Systems
  • Associate Editor of Information Systems and Operational Research 
  • Guest editor Quantitative Finance
  • Guest editor International Journal of Finance and Economics
  • Guest editor Annals of Operations Research
  • Guest editor European Financial Management
  • Guest editor of the Journal of Forecasting

Dr Georgios Sermpinis