Mendoza School of Business


Jeffrey Bacidore

Associate Teaching Professor
Finance
 574-631-8685
  264 Mendoza College of Business
  • Biography
  • Background
  • Publications
  • Books

Jeff Bacidore has over 20 years of experience in quantitative trading and investing across multiple asset classes. In addition to founding his own consulting firm, The Bacidore Group, Jeff held senior positions at Goldman Sachs, Citadel, and Credit Suisse. Jeff has also taught at leading business schools, including Indiana University, the University of Michigan, and the University of Notre Dame.

Jeff's work has been published in leading academic and practitioner journals, and he has presented at numerous professional and academic conferences. His work has been featured in leading business publications, including the Wall Street Journal, Bloomberg, and The New York Times. Jeff has also testified before the U.S. House of Representatives on market structure issues. His recent book Algorithmic Trading: A Practitioner's Guide is used widely among practitioners and academics alike.

Jeff has a B.A. in Economics from Knox College, and M.S. and Ph.D. degrees in Finance from Indiana University. While a junior at Knox College, Jeff was named a University of Chicago Business Fellow and attended the University of Chicago's Booth Graduate School of Business prior to completing his undergraduate degree. Jeff also received a Ford Foundation Fellowship for his research into equity market trading.

Education
Ph D, Indiana University
MS, Indiana University
BA, Knox College

Areas of Expertise
Quantitative investing
Quantitative methods
Algorithmic trading

"Sources of Liquidity for NYSE-Listed Non-U.S. Stocks", (With Jeff Bacidore, Robert Battalio, Neal Galpin, Robert Jennings), Journal of Banking and Finance, 29, 2005

"Order Submission Strategies, Liquidity Supply, and Trading in Pennies on the New York Stock Exchange", (With Jeff Bacidore, Robert Battalio, Robert Jennings), Journal of Financial Markets, 6, 2003

"Quantifying Market Order Execution Quality at the New York Stock Exchange", (With Jeff Bacidore, Katherine Ross, George Sofianos), Journal of Financial Markets, 6, 2003

"Depth Improvement and Adjusted Price Improvement on the NYSE", (With Jeff Bacidore, Robert Battalio, Robert Jennings), Journal of Financial Markets, 5, 2002

"Liquidity Provision and Specialist Trading in NYSE-Listed Non-U.S. Stocks", (With Jeff Bacidore, George Sofianos), Journal of Financial Economics, 63, 2002

"Decimalization, Adverse Selection, and Market Maker Rents", (With Jeff Bacidore), Journal of Banking and Finance, 25, 2001

"The Search for the Best Financial Performance Measure", (With Jeff Bacidore, John Boquist, Anjan Thakor), Financial Analysts Journal, 53, 1997

"The Impact of Decimalization on Market Quality: An Empirical Investigation of the Toronto Stock Exchange", (With Jeff Bacidore), Journal of Financial Intermediation, 6, 1997

"Algorithmic Trading: A Practitioners Guide", (With Jeff Bacidore), 2020