Dr Fabrice Rousseau

    School of Business, Hamilton Institute

    Associate Professor
    Deputy Head of School

    TSI Building
    3rd Floor
    360
    (01) 708 4568

    Biography

    Dr. Fabrice Rousseau is an Associate Professor in Finance. He joined the Department of Economics, Finance, and Accounting in 1998. Under the supervision of Jozsef Sakovics he completed his D.Phil in Finance at the Universitat Autonoma de Barcelona in 1999. From January 2015 to July 2020, he was Head of the Department of Economics, Finance and Accounting. He has joined the School of Business at Maynooth University in August 2020. He is Deputy Head of School for Career, Industry, Alumni Relations and for International Relations. His research interests range from Behavioural Finance and High Frequency Trading to Initial Public Offerings and Banking. He has published in peer-reviewed journals such as Finance, Economic Modelling and the Journal of Mathematical Finance. He has also contributed to several book chapters. He has held visiting positions at the Toulouse Business School and at Arizona State University. He is a research scholar from the Toulouse Business School.

    Research Interests

    Finance, Microstructure of Financial Markets, Corporate Finance, Behavioural Finance, IPOs, Regulation and Banking.

    Peer Reviewed Journals

      Year Publication
    2017 'Strategic Market Making and Risk Sharing'
    Boco, H., Germain, L., and Rousseau, F. (2017) 'Strategic Market Making and Risk Sharing'. Journal of Mathematical Finance, 7 :144-179 [DOI] [full-text] [Details]
    2016 'Heterogeneous noisy beliefs and dynamic competition in financial markets'
    Boco H.;Germain L.;Rousseau F. (2016) 'Heterogeneous noisy beliefs and dynamic competition in financial markets'. Economic Modelling, 54 :347-363 [DOI] [full-text] [Details]
    2014 'Irrational Market Makers'
    Germain, L., Rousseau, F., and Vanhems, A. (2014) 'Irrational Market Makers'. To be added, Finance 35 :107-145 [full-text] [Details]
    2002 'Explaining stock market correlation: A gravity model approach'
    Flavin T.;Hurley M.;Rousseau F. (2002) 'Explaining stock market correlation: A gravity model approach'. Manchester School, 70 (SUPPL):87-106 [DOI] [full-text] [Details]

    Book Chapters

      Year Publication
    2014 'Aftermarket Trading and the Strategic Allocation of Shares in an Initial Public Offering'
    Parlane, S., Rousseau, F. (2014) 'Aftermarket Trading and the Strategic Allocation of Shares in an Initial Public Offering' In: Advances In Investment Analysis and Portfolio Management. Amsterdam, The Netherlands: Elsevier. [DOI] [Details]
    2010 'Strategic Financial Intermediaries with Brokerage Activities'
    Germain, L., Rousseau, F., Vanhems, A. (2010) 'Strategic Financial Intermediaries with Brokerage Activities' In: Handbook of Trading. Mc Graw-Hill USA. [Details]

    Conference Publications

      Year Publication
    2002 Explaining stock market correlation: A gravity model approach
    Flavin, TJ;Hurley, MJ;Rousseau, F (2002) Explaining stock market correlation: A gravity model approach MANCHESTER SCHOOL , pp.87-106 [full-text] [Details]

    Working Paper

      Year Publication
    2020 High Frequency Trading: Strategic Competition Between Slow and Fast Traders.
    H. Boco, L. Germain and F. Rousseau (2020) High Frequency Trading: Strategic Competition Between Slow and Fast Traders. Working Paper [Details]
    2016 When Overconfident Traders Meet with Feedback Traders.
    H. Boco, L. Germain and F. Rousseau (2016) When Overconfident Traders Meet with Feedback Traders. Working Paper [Details]
    2015 Heterogeneous Beliefs and Imperfect Competition in Sequential Auction Markets.
    Fabrice Rousseau, Herve Boco and Laurent Germain (2015) Heterogeneous Beliefs and Imperfect Competition in Sequential Auction Markets. Working Paper [full-text] [Details]
    2009 Strategic Financial Intermediaries with Brokerage Activities.
    Rousseau, F., Germain, L. and Vanhems, A. (2009) Strategic Financial Intermediaries with Brokerage Activities. Working Paper [Details]
    2009 Optimal Initial Public Offering design with aftermarket trading.
    Rousseau, F. and Parlane, S. (2009) Optimal Initial Public Offering design with aftermarket trading. Working Paper [full-text] [Details]
    2007 Irrational Financial Markets.
    Rousseau, F., Germain, L. and Vahnems, A. (2007) Irrational Financial Markets. Working Paper [full-text] [Details]
    2001 Explaining Stock Market Correlation: A Gravity Model Approach.
    Flavin, T.J., Hurley, M.J. and Rousseau, F. (2001) Explaining Stock Market Correlation: A Gravity Model Approach. Working Paper [full-text] [Details]

    Conference Contributions

      Year Publication
    2017 31st Annual Irish Economic Association Conference.
    Fabrice Rousseau (2017) 31st Annual Irish Economic Association Conference. [Oral Presentation], High Frequency Trading: Strategic Competition Between Slow and Fast Traders, Institute of Banking, Dublin [Details]
    2015 Exchange programme between Maynooth University and UIBE.
    (2015) Exchange programme between Maynooth University and UIBE. [Oral Presentation], Initial Public Offerings, Beijing, University of International Business and Economics (UIBE) [Details]
    2014 Midwest Finance Association 2014.
    (2014) Midwest Finance Association 2014. [Oral Presentation], Discussion of High Frequency Trading: Taking Advantage of Speed, Orlando, FL, USA [Details]
    2014 Midwest Finance Association 2014.
    (2014) Midwest Finance Association 2014. [Oral Presentation], Heterogeneous Beliefs and Imperfect Competition in Sequential Auction Markets, Orlando, FL, USA [Details]
    2013 Seminar Serie.
    (2013) Seminar Serie. [Oral Presentation], Heterogeneous Beliefs and Imperfect Competition in Sequential Auction Markets, UCD, Smurfit Business School [Details]
    2012 19th Annual Conference of the Multinational Finance Society.
    (2012) 19th Annual Conference of the Multinational Finance Society. [Oral Presentation], Discussion of Impact of the Financial Crisis on UK SEO Fees, Krakow, Poland [Details]
    2012 19th Annual Conference of the Multinational Finance Society.
    (2012) 19th Annual Conference of the Multinational Finance Society. [Oral Presentation], Optimal Initial Public Offering Design with Aftermarket Trading, Krakow, Poland [Details]
    2010 Workshop Presentation at the Department of Economics, Finance and Accounting.
    Fabrice Rousseau (2010) Workshop Presentation at the Department of Economics, Finance and Accounting. [Oral Presentation], Optimal IPO design with Aftermarket Trading, NUI Maynooth [Details]
    2010 Seminar Serie, J.E. Cairnes School of Business and Economics.
    Fabrice Rousseau (2010) Seminar Serie, J.E. Cairnes School of Business and Economics. [Oral Presentation], Optimal IPO design with Aftermarket Trading, NUI Galway [Details]
    2010 Midwest Finance Association 2010.
    (2010) Midwest Finance Association 2010. [Oral Presentation], Optimal IPO Design with Aftermarket Trading, Las Vegas, NV, USA [Details]
    2010 MFA 2010.
    (2010) MFA 2010. [Oral Presentation], Discussion of Media Coverage, Stock Price Informativeness and Investor Trading Behaviour in China, Las Vegas, NV, USA [Details]
    2009 Smurfit School of Business, UCD.
    Fabrice Rousseau (2009) Smurfit School of Business, UCD. [Oral Presentation], Optimal IPO design with Aftermarket Trading, Dublin [Details]
    2009 Seminar at the Department of Economics.
    (2009) Seminar at the Department of Economics. [Oral Presentation], Optimal IPO Design with Aftermarket Trading, Vigo, Spain [Details]
    2009 Midwest Finance Association 2009.
    (2009) Midwest Finance Association 2009. [Oral Presentation], Irrational Financial markets, Chicago, IL, USA [Details]
    2008 ESEM 2008.
    (2008) ESEM 2008. [Oral Presentation], Optimal IPO Design with Aftermarket Trading, Milan, Italy [Details]
    2008 School of Economics, UCD.
    Fabrice Rousseau (2008) School of Economics, UCD. [Oral Presentation], Optimal IPO design with Aftermarket Trading, Dublin [Details]
    2007 82nd Western Economic Association.
    (2007) 82nd Western Economic Association. [Oral Presentation], Optimal IPO Design with Aftermarket Trading, Seattle, WA, USA [Details]
    2007 Seminar at the Finance Department, Arizona State University.
    (2007) Seminar at the Finance Department, Arizona State University. [Oral Presentation], Optimal IPO Design with Aftermarket Trading, Phoenix, AZ, USA [Details]
    2007 82nd Western Economic Association.
    (2007) 82nd Western Economic Association. [Oral Presentation], Discussion of Strategic Payday Loans: Evidence from Colorado, 2000-2005, Seattle, WA, USA [Details]

    Honours and Awards

      Year Title Awarding Body
    2015 Best Paper Award from Finance French Finance Association

    Education

      Year Institution Qualification Subject
    1999 IDEA, Universitat Autonoma de Barcelona PhD
    1995 IDEA, Universitat Autonoma de Barcelona MA in Economics
    1992 University of Toulouse 1 Maitrise en Econometrie

    Teaching Interests

    Financial Economics, Fixed Income Markets, Financial Modelling, Market Microstructure