University of California, Berkeley - Haas School of Business

Berkeley-Haas

Faculty & Research

Faculty and Executive Leadership Directory

 

Terrence Hendershott

Terrence Hendershott

Cheryl and Christian Valentine Chair
Associate Professor
Haas Finance Group
Haas Operations and Information Technology Management Group
510-643-0619
Email: click on the envelope icon below for full email address
Academic Status: On duty
Office Hours: By appointment F596
Personal Homepage: http://faculty.haas.berkeley.edu/hender/
Curriculum Vitae (in PDF format, Acrobat Reader required)

Education

BS, Mathematics and Statistics, Miami University
PhD, Operations, Information, and Technology, Graduate School of Business, Stanford University


Positions Held

At Haas since 2001

2012 - present, Cheryl and Christian Valentine Chair
2005 - 2006, Visiting Economist, New York Stock Exchange
1999 - 2001, Xerox Assistant Professor of Computers & Information Systems, Simon School of Business Administration, University of Rochester


Current Research and Interests

  • Management of information systems
  • Role of information technology in financial markets
  • Electronic communications networks (ECNs) and stock market design
  • Regulation of financial markets
  • How electronic markets compete with traditional businesses

Selected Papers and Publications

  • "Does Algorithmic Trading Improve Liquidity?" with Charles Jones and Albert Menkveld. Journal of Finance (forthcoming).
  • "Automation Versus Intermediation: Evidence from Treasuries Going Off the Run," with Michael Barclay and Kenneth Kotz. Journal of Finance 61 (October 2006): 2395-2414.
  • "Competition Among Trading Venues: Information and Trading on Electronic Communications Networks," with Michael Barclay and Tim McCormick. Journal of Finance 58 (December 2003): 2637-2666.
  • "Crossing Networks and Dealer Markets: Competition and Performance," with Haim Mendelson. Journal of Finance 55 (October 2000): 2071-2115.

Teaching

  • Analytic Decision Modeling Using Spreadsheets
  • Information Technology Strategy
  • Operations Management

Honors and Awards

  • New York Stock Exchange Euronext Award for the best paper on equity trading, Western Finance Association Meetings (2001, 2008)
  • Nasdaq Award for best paper on market microstructure, Financial Management Association (2007)
  • Schwabacher Fellowship Award, 2005-2006
  • National Science Foundation Grant #0133848, CAREER: Electronic Trading Systems



Faculty Directory: Alphabetical Listing
Faculty Directory: Listing by Department

Maintained by Haas School Marketing and Communications Office.
Contact us with problems or updates to this page.

[Top of page]