Brian Hatch

Headshot of Brian Hatch

Brian Hatch

Department Head, Associate Professor, Department of Finance, Real Estate, and Insurance and Risk Management

2335 Carl H. Lindner Hall

513-556-7076

Prof. Hatch has been serving as the Head of the Finance Department since August 2013. Brian has an extensive research record focused primarily in the area of empirical market microstructure where much of his work has been focused on market quality issues in equity and options markets. Dr. Hatch's most recent work examines leveraged and inverse ETFs and he is currently working on a project that measures the impact of algorithmic trading on firm value. Brian joined UC in 1998 after earning his PhD at Indiana University and spending several years at the University of Delaware. In addition to his academic work, Prof. Hatch has performed consulting work with Susquehanna Investment Group, Trimark, the Philadelphia Stock Exchange, and ZAR Fund Group. Currently Prof. Hatch sits on the advisory board of Absolute Return Strategies and serves on the University Investment Committee.

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Teaching Interest

Securities Markets and Trading

Investments

International Financial Markets

Research Interest

Market Microstructure

Market Efficiency

History

Institution: University of Cincinnati

Title: Finance Department Head

Institution: University of Cincinnati

Title: Associate Professor, Department of Finance, College of Business

Institution: University of Cincinnati

Title: Director, Master of Science in Business Administration - Finance Program

End Date: 2008-06-30

Institution: University of Cincinnati

Title: Assistant Professor, Department of Finance, College of Business

End Date: 2003-08-31

Institution: University of Delaware - Alfred Lerner College of Business and Economics

Title: Assistant Professor, Department of Finance

End Date: 1998-08-31

Institution: Indiana University, Department of Finance, Kelley School of Business

Title: Lecturer

End Date: 1995-12-31

Assignments

Manage the MS-Finance Program. Responsiblities include recruit students, market the program, recruit and interact with the Advisory Board, secure internships, and advise students.

Dates: 2004-12-20 - 2008-06-30

Awards | Honors

Name: Michael L. Dean Excellence in Classroom Education and Learning Undergraduate Teaching Award

Year Received: 2013

Organization: Southwestern Finance Association

Name: Best Paper in Investments Award at the 2013 Southwestern Finance Association Meeting

Year Received: 2012

Name: Nominated for Michael L. Dean EXCEL Undergraduate Teaching Award

Year Received: 2012

Name: College of Business Research Fellow

Year Received: 2002

Name: Nominated for MBA Teaching Award

Year Received: 1999

Education

Institution: Indiana University - Kelley School of Business

Major: Major:  Finance Minor:  Business Economics

Completed: 1995

Degree: Ph D

Institution: University of Cincinnati

Major: Quantative Analysis and Finance

Completed: 1988

Degree: BBA

Published Contributions

Qing Bai, Shaun Bond, Brian Hatch,  (2015). The Impact of Leveraged and Inverse ETFs on Underlying Real Estate Returns. Real Estate Economics, 37-66.

Robert Battalio, Brian Hatch, Tim Loughran,  (2011). Who benefited from the disclosure mandates of the 1964 Securities Acts Amendments?. Journal of Corporate Finance, 1047-63.

Alex Boulatov, Brian Hatch, Shane Johnson, Adam Lei,  (2009). Dealer Attention, Speed of Quote Adjustment to Information, and Net Dealer Revenue. Journal of Banking and Finance, 1531-1542.

Robert Battalio, Brian Hatch, Robert Jennings,  (2004). Toward a National Market System for U.S. Exchange-Listed Equity Options. The Journal of Finance, 933-962.

Robert Battalio, Brian Hatch, Robert Jennings,  (2003). All Else Equal? A Multidimensional Analysis of Retail Market Order Execution Quality. Journal of Financial Markets , 143-162.

Brian Hatch,  (2003). The Intraday Relationship between NYSE and CBOE Prices. Journal of Financial Research , 97-112.

Robert Battalio, Jason Greene, Brian Hatch, Robert Jennings,  (2002). Does the Limit Order Routing Decision Matter?. Review of Financial Studies, 159-194.

Brian Hatch, Shane Johnson,  (2002). The Impact of Specialist Firm Acquisitions on Market Quality. Journal of Financial Economics, 139-67.

Robert Battalio, Brian Hatch, Robert Jennings,  (2001). Post-reform Market-order Execution Quality:  Multi-dimensional Comparisons Across Market Center. The Financial Review, 123-152.

Robert Battalio, Brian Hatch, Robert Jennings,  (1997). SOES Trading and Market Volatility. Journal of Financial and Quantitative Analysis.

Brian Hatch, Bruce Resnick,  (1993). A Review of Recent Developments in International Portfolio Selection. Open Economies Review, 83-96.

Research in progress

Title: Information Asymmetry Measures and Their Effects on Cost of Equity

Title: The Effect of Algorithmic Trading on Firm Value

Presentations

Title: Did Leveraged ETFs Increase Intraday REIT Volatility during the Crisis

Organization: FMA

Location: Denver

Year: 2011

Title: Did Leveraged ETFs Increase Intraday REIT Volatility During the Crisis?

Location: University of Southern California

Year: 2011

Title: Did Leveraged ETFs Increase Intraday REIT Volatility during the Crisis

Organization: University of Southern California

Location: Los Angeles

Year: 2011

Title: Did Leveraged ETFs Increase Intraday REIT Volatility During the Crisis?

Organization: AREUEA

Location: Denver, CO

Year: 2011

Title: Did Leveraged ETFs Increase Intraday REIT Volatility during the Crisis

Organization: AREUEA, ASSA

Location: Denver

Year: 2011

Title: Does the Market Value Mandated Disclosure?

Organization: Financial Management Association

Year: 2009

Title: Does the Market Value Mandated Disclosure?

Organization: American Finance Association

Location: San Francisco, CA

Year: 2009

Title: Does the Market Value Mandated Disclosure?

Organization: University of Notre Dame

Location: Notre Dame, IN

Year: 2008

Title: The Impact of Specialist Firm Acquisitions on Market Quality

Organization: American Finance Association

Year: 2002

Title: The Impact of Specialist Firm Acquisitions on Market Quality

Organization: New York Stock Exchange

Location: Palm Beach, FL

Year: 2001

Title: The Impact of Specialist Firm Acquisitions on Market Quality

Organization: Western Finance Association

Year: 2001

Title: Toward a National Market System for U.S. Exchange-Listed Equity Options

Organization: Western Finance Assocation

Year: 2001

Title: Toward a National Market System for U.S. Exchange-Listed Equity Options

Organization: Vanderbilt University

Year: 2001

Title: Toward a National Market System for U.S. Exchange-Listed Equity Options

Organization: Yale University

Year: 2000

Title: The Impact of Specialist Firm Acquisitions on Market Quality

Organization: Financial Management Association

Year: 2000

Title: Toward a National Market System for U.S. Exchange-Listed Equity Options

Organization: Notre Dame University

Year: 2000

Title: Toward a National Market System for U.S. Exchange-Listed Equity Options

Organization: European Finance Association

Year: 2000

Title: The Many Faces of Best Execution:  Assessing the Differences Between the NYSE and the Third Market

Organization: New York Stock Exchange

Location: Phoenix, AZ

Year: 1999

Organization: Southern Finance Association Meetings

Year: 1999

Title: Contributions to Price Discovery:  An Empirical Analysis of the NYSE, CBOE, and Regional Stock Exchanges

Organization: Financial Management Association

Year: 1999

Title: Contributions to Price Discovery:  An Empirical Analysis of the NYSE, CBOE, and Regional Stock Exchanges

Year: 1999

Title: A Comparison of Equity Limit Order Execution Quality Across Trading Venues

Organization: American Finance Association

Year: 1999

Title: A Comparison of Equity Limit Order Execution Quality Across Trading Venues

Organization: Southern Finance Association

Year: 1997

Title: SOES Trading and Market Volatility

Year: 1997

Title: Limit Order Executions on the Philadelphia Stock Exchange

Organization: Philadelphia Stock Exchange

Year: 1996

Title: The Quality of Trade Execution on Regional Exchanges

Organization: New York Stock Exchange

Year: 1996

Title: Intraday Price Discovery Among Stock Index-Based Contracts

Year: 1995