Professor Dr. Terrence Hendershott, Faculty Director, Berkeley Haas Master of Financial Engineering Program
Terrence “Terry” Hendershott chaired the NASDAQ Economic Advisory Board and served as a visiting economist at the New York Stock Exchange.
His work spans a range of financial instruments trading on exchanges and over the counter in the U.S. and internationally. See: Market Maker Inventories and Liquidity by Terrence Hendershott, Pamela C. Moulton, Mark S. Seasholes :: SSRN
He is an expert on the structure, design, and regulation of financial markets and how market participants—such as market makers, high-frequency traders, and institutional investors—affect price discovery and liquidity.
His research also focuses on the competition between electronic and traditional markets and the role of information technology in those markets. See: Does Algorithmic Trading Improve Liquidity? by Terrence Hendershott, Charles M. Jones, Albert J. Menkveld :: SSRN
His numerous honors include best paper awards from the Review of Financial Studies and the Financial Review and NYSE and NASDAQ best paper awards on equity trading and market microstructure, respectively. He has served as an associate editor for Management Science, the Journal of Financial Markets, and Information Systems Research.
- PhD, Operations, Information, and Technology, Graduate School of Business, Stanford University
- BS, Mathematics and Statistics, Miami University
Author Page for Terrence Hendershott :: SSRN
Terrence Hendershott – Berkeley Haas
