Assistant Professor of Finance
Palumbo Donahue School of Business
Pittsburgh, PA, 15282
Phone: 412.396.1906 Fax: 412.396.4764
Thomas Rourke is an Assistant Professor of Finance at the Palumbo-Donahue School of Business. Professor Rourke currently teaches Business Finance and Financial Management and previously taught Security Analysis.
In his research, Professor Rourke studies the market microstructure of stock and option markets. This research examines how and where new information is first impounded into security prices in these markets. In 2007, Professor Rourke received the Morgan Stanley Equity Market Microstructure Research Grant for his work on the information content of liquidity supply and demand in stock and option markets.
Professor Rourke holds a Ph.D. from the University of Houston.
Rourke, T, (2007), "Morgan Stanley Equity Market Microstructure Research Grant", Morgan Stanley, $20,000
Rourke, T. (2009). The Information Content of the Supply and Demand for Liquidity in Stock and Option Markets. Financial Management Association Conference, Reno, Nevada.
My research primarily focuses on the market microstructure of stock and option markets. In particular, I am interested in the roles that these related markets play in impounding new information into security prices. To that end, I study where new information is first reflected in security prices, that is, in stock or option markets, and how information is first incorporated into security prices, that is, via market or limit order submissions.