Smeal College Professor Named To Nasdaq Economic Advisory Board
A professor in Penn State's Smeal College of Business Administration has been named to The Nasdaq Economic Advisory Board (EAB).
A professor in Penn State's Smeal College of Business Administration has been named to The Nasdaq Economic Advisory Board (EAB).
Frank M. Hatheway, assistant professor of finance, is one of three new members of the EAB. The primary goal of the EAB is to discuss and communicate specific policy recommendations to Nasdaq. The EAB meets formally twice a year in October and March, and provides a forum for research presentations, discussion of issues relevant to Nasdaq and the EAB, the exchange of research ideas, and access to market data.
Hatheway's research interests are in market microstructure and derivative securities. Hatheway received his Ph.D. in Economics from Princeton University, an M.B.A. from the Wharton School, and his A.B. in Economics from Dartmouth College. He is a Chartered Financial Analyst.
During the 1998-1999 academic year, Hatheway was an Economic Fellow and Senior Research Scholar with the U.S. Security and Exchange Commission's Office of Economic Analysis. Since that time, he has been involved in SEC initiatives regarding the options exchanges and U.S. option markets.
Hatheway previously worked for General Electric and spent five years as a registered options trader on the floor of the Philadelphia Stock Exchange. He has authored academic articles in the Journal of Finance, Journal of Financial Intermediation and other leading finance journals.
He joins a distinguished group of EAB financial economists that include: Georgetown's James J. Angel, Vanderbilt University's William G. Christie, USC's Lawrence Harris, NYU's Joel Hasbrouck, Babson College's Erik R. Sirri, Carnegie Mellon University's Chester S. Spatt, The University of Rochester's Michael J. Barclay, and Columbia University's John (Jack) C. Coffee Jr.
This is the second time a professor in Penn State's Smeal College of Business Administration has served on the prestigious board. Ian Domowitz, the Mary Jean and Frank P. Smeal Professor of Finance, is the immediate past-chair of Nasdaq's Economic Advisory Board.
The Nasdaq Stock Market lists nearly 5,000 companies, has a larger dollar volume, and trades more shares per day than any other U.S. market.
