University of Memphis, B.A. in Business Economics
University of Memphis, Ph.D. in Finance

Practice Areas

High-Frequency Trading
Stock Exchanges
Financial Regulations

Professor Nikolsko-Rzhevska joined the Perella Department of Finance at Lehigh University as an Adjunct Lecturer in 2015 and was promoted to the position of Professor of Practice in 2018. Her teaching and research interests include investments, high-frequency trading, and financial regulations.


Working Papers

  • “Disappearing Liquidity: Why it Matters and How to Deal with It,” with Alex Nikolsko-Rzhevskyy. R&R at Financial Management.
  • “The Life of U’s: Order Revisions on NASDAQ,” with Alex Nikolsko-Rzhevskyy. Submitted.
  • “Phantom Liquidity: Order Duplication and Algorithmic Activity in a Multimarket-Trading Environment,” with Pankaj Jain, Thomas McInish, and James Upson. Submitted.


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