Assistant Professor of Finance, University of Illinois at Chicago
Professor Rosenthal began his financial career as a programmer/analyst
intern for the block trading desk at Goldman Sachs. He then worked
for Long-Term Capital Management as a strategist in David Modest's
equity derivatives group. He remained at LTCM for five years —
through the 1998 implosion and 1998-2000 consortium period.
Post-LTCM, he was a quantitative researcher and proprietary trader at
Morgan Stanley's Equity Trading Lab (an algorithmic trading group).
His proprietary trading made about $40MM/year for the bank; his
research resulted in faster, less expensive, and more reliable
electronic order execution.
His current areas of research include market microstructure and
liquidity; financial econometrics; financial firm distress and
systemic risk; and, delays in processing and publishing financial
information. He has been quoted by the Medill News Service, Barron's,
the Chicago Tribune, Crain's Chicago Business, and Portfolio Magazine;
appeared on TV for First Business Morning News, WTTW's Chicago
Tonight, ABC 7's local Chicago news, and Fox Business News (live); and,
was interviewed live on Bloomberg Radio. (Media
appearances here.)
Professor Rosenthal graduated from Cornell University with a B.S. in
electrical engineering and the University of Chicago with a Ph.D. in
statistics.
Professor Rosenthal began his financial career as a programmer/analyst
intern for the block trading desk at Goldman Sachs. He then worked
for Long-Term Capital Management as a strategist in David Modest's
equity derivatives group. He remained at LTCM for five years —
through the 1998 implosion and 1998-2000 consortium period.