Jfm Submission

Submission Preflight (jfm-submission)

When to trigger

• "Submitting this week" — last check before uploading to Editorial Manager
• Unsure which files and declarations the Elsevier submission form expects
• Confirming the manuscript is correctly blinded for the review model
• Verifying competing-interest, data, and AI-use statements are in place

Process facts (检索于 2026-06，费用项再核实于 2026-06-22；以官网为准; re-confirm on the JFM guide for authors before submitting)

• JFM is an Elsevier journal (ISSN 1386-4181 print / 1878-576X online); submission is via Elsevier Editorial Manager (待核实 the exact portal link on the journal's guide-for-authors page).
• Review model: double-blind reported by secondary sources (待核实 against the official guide). If double-blind, the manuscript file must be fully anonymized — no author names, no acknowledgments, no self-citation tells like "in our earlier work," no identifying file metadata; author details go on a separate title page.
• Reference style, abstract word limit, and any structured-abstract / JEL requirements: 待核实 on the guide for authors. Elsevier finance journals typically use an author-date style; confirm the exact format.
• Declarations (Elsevier-standard): Declaration of Competing Interest; funding sources; CRediT author-contribution statement; data-availability statement; statement on generative-AI use (AI may not be listed as an author). Verify the current required set.
• Submission fee: JFM charges a US$170 submission fee for original and revised submissions; the manuscript is only considered once the fee is paid (verified 2026-06-22 via the Elsevier guide for authors; re-confirm live, and check the developing-country/limited-means waiver if relevant). Do not assume JFM is fee-free.
• APC / open access: JFM offers subscription (no APC) and open-access routes; the OA APC is USD 3,040 excluding taxes (verified 2026-06-22, single source — treat as indicative and re-confirm the exact figure live before opting into open access).

Preflight checklist

Blinding & files

• If double-blind: manuscript fully anonymized (text, acknowledgments, self-citations, file metadata)
• Separate title page with all authors, affiliations, and corresponding-author contact
• Main manuscript (PDF/Word per portal), exhibits embedded or per Elsevier convention
• Internet Appendix / supplementary file uploaded as a separate item
• Cover letter naming the microstructure contribution and why JFM (not JF/JFE/RFS)

Content & style

• Abstract within the stated limit (待核实); keywords / JEL as required
• Reference style matches the guide for authors (待核实)
• Every liquidity measure defined; units consistent across exhibits; SE/clustering in table notes
• Suggested reviewers prepared if the portal requests them (avoid conflicts/coauthors)

Declarations

• Declaration of Competing Interest + funding statement
• CRediT contribution statement
• Data-availability statement (consistent with the proprietary-feed access path in the Internet Appendix)
• Generative-AI use statement; AI not listed as author
• Confirmed the paper is not under review elsewhere

Matching the data statement to reality

Elsevier requires a data-availability statement, and for microstructure papers this is where proprietary feeds create a trap. The statement must be truthful and consistent with the Internet Appendix access path: if the order-book data come from a licensed vendor that prohibits redistribution, say so and point to the access path, rather than checking "data available on request." An inconsistency between a permissive data statement and a paper that visibly uses a restricted feed is a credibility flag the editor can see at desk screen. Confirm the journal's current data-and-code policy and whether any deposit is required at submission vs. acceptance (待核实).

The blinding pass (if double-blind — 待核实)

Anonymization fails most often on subtle tells, so do an explicit pass: (1) strip author names, affiliations, emails, and acknowledgments (including grant-number thanks that name an author's institution); (2) neutralize self-citations — "we show in Smith (2022)" becomes "as shown in prior work (citation withheld for review)"; (3) clear document metadata (author field, file path, track-changes history) from the PDF/Word file; (4) remove links to a named personal/SSRN page that identifies the authors; (5) check figure source files and embedded code comments for names. A separate, fully attributed title page carries all the author information the editor needs.