PROF. THIERRY FOUCAULT

Thierry Foucault is the HEC Foundation Chaired Professor of Finance at HEC Paris and a research fellow at the Centre for Economic Policy Research (CEPR). His work focuses on the determinants of financial market liquidity, information production, and industrial organization. He received a European Research Council (ERC) grant to study the impact of AI and big data on financial markets.

Dr. Foucault has served on scientific committees for the Autorité des Marchés Financiers (AMF), the Norges Bank Academic Program, and the European Securities and Markets Authority (ESMA). His research has appeared in leading academic journals, including the Journal of Finance, the Journal of Financial Economics, and the Review of Financial Studies. He is also the co-author of Market Liquidity: Theory, Evidence, and Policy. He currently serves as co-managing editor of the Journal of Financial and Quantitative Analysis (JFQA). 

In addition to his academic work, over the past decade, he has served as a consultant in cases involving price manipulation and market functioning in France, the U.K., and the U.S.