Dr. Andrei Nikiforov
Associate Professor of Professional Practice
Finance
Office: BSB 435A
Phone: (856) 225-6594
Ph.D., University of Missouri (Columbia) MBA, University of Missouri M.Sc., Perm State University (Russia)
Dr. Andrei L Nikiforov studies how financial markets respond to the flow of information. Specifically, he looks into the effect of earnings seasons on the prices of stocks and bonds. According to Andreiโs research investors require extra return to hold stocks that are sensitive to the high uncertainty periods caused by the earnings seasons. In addition, he studies how liquidity shocks caused by the flow of information can be transferred across different markets. Dr. Nikiforovโs research is applied to generate abnormal returns in the options markets.
Courses Taught:ย Investment and Portfolio Management; Financial Management
Representative Publications:
- โHow much do investors trade because of name/ticker confusion?โ with Vadim Balashov.ย Journal of Financial Markets, 2019, vol. 46, 1-24 (leading article).
- Profiled in Wall Street Journal on July 12, 2019 (by Jason Zweig โIntelligent Investorโ column)
- Profiled in Wall Street Journal on October 6, 2019 (by Matthew Kassel in โWSJ reportsโ column)
- Profiled in Quarts on August 21, 2019 (By Adam Rasmi):ย https://qz.com/1687360/stock-name-and-ticker-confusion-costs-investors-millions-every-year/
- โSecurity design, market risk and round quotes in the Treasury bond marketโ with Eugene Pilotte.ย Applied Economics Letters, 2019, 26(12), 971-977.
- โImproved Bounds in Stochastic Matching and Optimizationโ with Baveja, A., Chavan, A., Srinivasan, A., Xu, P.,ย Algorithmica. 2017, pp.1-28.ย https://doi.org/10.1007/s00453-017-0383-4
- โMacroeconomic Announcements and Price Clustering in the U.S. Treasury Market,โ with Eugene Pilotte.ย The Financial Review. February 2017, 52(1), 69-100.
- โFear and Greed: a Returns-Based Trading Strategy around Earnings Announcementsโ with Ivo Jansen.ย The Journal of Portfolio Management.ย Summer 2016, 42(2), 88-95.
- โQuote Activity and Round Quotes in a Voice-Brokered Bond Marketโ with Eugene Pilotte,ย Applied Economic Letters.ย May 2016, 24(4), 214-218.
- โFinance methodology of Free Cash Flowโ with Uzi Yaari, Shachomurove, and E. Kahya.ย Global Finance Journal. February 2016, 29, 1-11.
- โIntraday periodicity in algorithmic trading,โ with John Broussard.ย Journal of International Financial Markets, Institutions and Money. 30, May 2014, 196-204.