Associate Professor of Finance Mark A. Peterson chose SIU for “its geographical location and its people,” he said. “Our students, many of whom are from the region, share the same values that my family and I have.”

Peterson joined the SIU faculty in 1997. He researches investments, in general, and market microstructure in particular. Market microstructure deals with the subject of trading in financial assets. Current research projects include an analysis of how short selling regulation affects trading of stocks and the benefits of using investment bankers in raising equity capital.

At SIU, Peterson is the faculty advisor for the Saluki Student Investment Fund. From 1996 to 1999, Peterson was a visiting economist at the Office of Economic Analysis, U.S. Securities and Exchange Commission.

Born in San Diego, Calif., Peterson was raised in Connecticut, Indiana and Nebraska. He received a bachelor of science in electrical engineering from University of Nebraska, Lincoln in 1987, a master of science in electrical engineering from The Johns Hopkins University in 1990 and a doctorate in finance from The Pennsylvania State University in 1996.

RESEARCH INTERESTS

• Investments
• Market microstructure, dealing with the subject of trading in financial assets

RECENT PUBLICATIONS

“The Effect of the Uptick Rule on Spreads, Depths, and Short Sale Prices,” with Gordon Alexander, Journal of Trading, forthcoming.

“The Effect of Price Tests on Trader Behavior and Market Quality: An Analysis of Reg SHO” with Gordon Alexander, Journal of Financial Markets, forthcoming.

“An Analysis of Trade-size Clustering and its Relationship to Stealth Trading,” with Gordon Alexander. Journal of Financial Economics, Vol. 84, No. 2, 435-471 (2007).

“Intraday Analysis of Herding Behavior Among the Sector ETFs,” with Kim Gleason and Ike Mathur. Journal of Empirical Finance, Vol. 11, No. 5, 681-694 (2004).

“Margin Regulation and Market Quality: A Microstructure Analysis,” with Gordon J. Alexander, Evren Ors, and Paul J. Seguin. Journal of Corporate Finance, Vol. 10, No. 4, 549-574 (2004).

AWARDS

Outstanding Researcher Honor Roll, Southern Illinois University, College of Business, 2003, 2004

Summer Scholars Award, Southern Illinois University, College of Business, 1998-2004

Researcher of the Year, Southern Illinois University, College of Business, 2003

FMA Competitive Paper Award in Market Microstructure, 2003

Summer Research Fellowship, Southern Illinois University, Office of Research Development and Administration, 1998