Staff profile

Vasileios joined Durham University Business School as Associate Professor in Finance in February 2023.

Before joining Durham, he was Senior Lecturer in Corporate Finance at the University of Liverpool, where he began working as Lecturer in October 2011. Prior to that, he was working as Teaching Fellow in Finance at Durham University Business School (from where he also obtained his PhD in 2007) and has also taught part-time in several UK universities (Birmingham, Glasgow, Leeds, Reading, and the University College London).

His research areas include behavioural finance, emerging/frontier markets, institutional Investors, volatility, high frequency trading and neurofinance. He has published to date in several international peer-reviewed academic journals, including the Journal of Financial Economics, Journal of Corporate Finance, Risk Analysis Journal, Journal of Banking and Finance, Journal of Economic Behavior and Organization, European Financial Management, International Review of Financial Analysis, Journal of International Financial Markets, Institutions and Money, Quantitative Finance and the Journal of Behavioral Finance. He has also contributed to edited works and professional publications by key publishers (Elsevier; Wiley) and institutions (National Stock Exchange of India). He has served as reviewer for several acclaimed, peer-refereed journals and institutions (Czech Science Foundation; National Stock Exchange of India). He is currently a member of the editorial board of several journals (PLOS ONE; Review of Behavioral Finance; Economic Analysis; International Journal of Economics and Finance) and has received research grants by the National Stock Exchange of India (2008) and The University of Jordan (2019).

He has successfully supervised eight doctoral students to completion and he is currently supervising another two doctoral students.

Mini-Biography

Vasileios joined Durham University Business School as Associate Professor in Finance in February 2023. His research areas include behavioural finance, emerging/frontier markets, institutional Investors, volatility, high frequency trading and neurofinance. 

• Behavioural Finance
• Emerging/Frontier Markets
• Institutional Investors
• Volatility
• High Frequency Trading
• Neurofinance

• 2023: First supervisor - Anh Dang Bao Phan (University of Liverpool Management School):

Authored book

• Economou, F., Gavriilidis, K., Gregoriou, G. N., & Kallinterakis, V. (2017). Handbook of Investors’ Behavior during Financial Crises. Elsevier
• Andrikopoulos, P., Gregoriou, G. N., & Kallinterakis, V. (2016). Handbook of Frontier Markets: Evidence from Middle East North Africa and International Comparative Studies. Elsevier
• Andrikopoulos, P., Gregoriou, G. N., & Kallinterakis, V. (2016). Handbook of Frontier Markets: The African, European and Asian Evidence. Elsevier

Chapter in book

• Gavriilidis, K., Gregoriou, G., & Kallinterakis, V. (2017). Exchange-Traded Funds: Do they promote or depress Noise Trading?”. In F. Economou, K. Gavriilidis, G. N. Gregoriou, & V. Kallinterakis (Eds.), Handbook of Investors’ Behavior during Financial Crises. Elsevier
• Kallinterakis, V., & Erdenetsogt, A. (2016). Investors’ Herding in Frontier Markets: Evidence from Mongolia. In P. Andrikopoulos, G. N. Gregoriou, & V. Kallinterakis (Eds.), Handbook of Frontier Markets: The African, European and Asian Evidence. Elsevier
• Kallinterakis, V., & Holmes, P. (2014). Feedback Trading. In K. Paudyal (Ed.), Wiley Encyclopaedia of Management. (3rd Edition). John Wiley & Sons, Ltd: Oxford, UK
• Kallinterakis, V., & Kaur, S. (2010). On the Impact of Exchange Traded Funds over Noise Trading: Evidence from European Stock Exchanges. In G. N. Gregoriou (Ed.), The Handbook of Trading: Strategies for Navigating and Profiting from Currency, Bond, and Stock Markets. McGraw-Hill, NYC, NY

Journal Article

• Cui, Y., Gavriilidis, K., Gebka, B., & Kallinterakis, V. (2024). Numerological Superstitions and Market-Wide Herding: Evidence from China  . International Review of Financial Analysis, 93, Article 103199
• Brahma, S., Gavriilidis, K., Kallinterakis, V., Verousis, T., & Zhang, M. (2023). LGBTQ and finance. International Review of Financial Analysis, 86, https://doi.org/10.1016/j.irfa.2023.102547
• Kontosakos, V. E., Hwang, S., Kallinterakis, V., & Pantelous, A. A. (2023). Long-term dynamic asset allocation under asymmetric risk preferences. European Journal of Operational Research, https://doi.org/10.1016/j.ejor.2023.07.038
• Kallinterakis, V., & Karaa, R. (2023). From dusk till dawn (and vice versa): Overnight-versus-daytime reversals and feedback trading. International Review of Financial Analysis, 85, https://doi.org/10.1016/j.irfa.2022.102443
• Kuang, J., Ji, X., Cheng, P., & Kallinterakis, V. B. (2023). Media News and Social Media Information in the Chinese Peer-to-Peer Lending Market. Systems, 11(3), Article 133. https://doi.org/10.3390/systems11030133
• Ferreruela, S., Kallinterakis, V., & Mallor, T. (2022). Cross-Market Herding: Do ‘Herds’ Herd with Each Other?. Journal of Behavioral Finance, https://doi.org/10.1080/15427560.2022.2100383
• Tayeh, M., & Kallinterakis, V. (2022). Feedback Trading in Currency Markets: International Evidence. Journal of Behavioral Finance, 23(1), 1-22. https://doi.org/10.1080/15427560.2020.1821685
• Economou, F., Gavriilidis, K., Gebka, B., & Kallinterakis, V. (2022). Feedback trading: a review of theory and empirical evidence. Review of Behavioural Finance, https://doi.org/10.1108/rbf-12-2021-0268
• Duong, H., Goyal, A., Kallinterakis, V., & Veeraraghavan, M. (2022). Democracy and the pricing of initial public offerings around the world. Journal of Financial Economics, 145(1), 322-341. https://doi.org/10.1016/j.jfineco.2021.07.010
• Karaa, R., Slim, S., Goodell, J., Goyal, A., & Kallinterakis, V. (2021). Do investors feedback trade in the Bitcoin—and why?. European Journal of Finance, https://doi.org/10.1080/1351847x.2021.1973054
• Charteris, A., & Kallinterakis, V. (2021). Feedback trading in retail-dominated assets: Evidence from the gold bullion coin market. International Review of Financial Analysis, 75, https://doi.org/10.1016/j.irfa.2021.101727
• Duong, H., Goyal, A., Kallinterakis, V., & Veeraraghavan, M. (2021). Market manipulation rules and IPO underpricing. Journal of Corporate Finance, 67, https://doi.org/10.1016/j.jcorpfin.2020.101846
• Gavriilidis, K., & Kallinterakis, V. (2021). Herding in Imperial Russia: Evidence from the St. Petersburg Stock Exchange (1865–1914). Journal of Behavioral Finance, https://doi.org/10.1080/15427560.2021.1986715
• Andrikopoulos, P., Gebka, B., & Kallinterakis, V. (2021). Regulatory mood-congruence and herding: Evidence from cannabis stocks. Journal of Economic Behavior and Organization, 185, 842-864. https://doi.org/10.1016/j.jebo.2020.10.019
• Stavroglou, S., Ayyub, B., Kallinterakis, V., Pantelous, A., & Stanley, H. (2021). A Novel Causal Risk-Based Decision-Making Methodology: The Case of Coronavirus. Risk Analysis, 41(5), 814-830. https://doi.org/10.1111/risa.13678
• Andrikopoulos, P., Cui, Y., Gad, S., & Kallinterakis, V. (2020). Feedback trading and the ramadan effect in frontier markets. Research in International Business and Finance, 51, https://doi.org/10.1016/j.ribaf.2019.101085
• Gavriilidis, K., Kallinterakis, V., & Öztürkkal, B. (2020). Does mood affect institutional herding?. https://doi.org/10.1016/j.jbef.2020.100290
• Kallinterakis, V., Liu, F., Pantelous, A., & Shao, J. (2020). Pricing inefficiencies and feedback trading: Evidence from country ETFs. International Review of Financial Analysis, 70, https://doi.org/10.1016/j.irfa.2020.101498
• Cui, Y., Gebka, B., & Kallinterakis, V. (2019). Do closed-end fund investors herd?. Journal of Banking and Finance, 105, 194-206. https://doi.org/10.1016/j.jbankfin.2019.05.015
• Kallinterakis, V., & Wang, Y. (2019). Do investors herd in cryptocurrencies – and why?. Research in International Business and Finance, 50, 240-245. https://doi.org/10.1016/j.ribaf.2019.05.005
• Goyal, A., Kallinterakis, V., Kambouroudis, D., & Laws, J. (2018). Cross-border exchanges and volatility forecasting. Quantitative Finance, 18(5), 789-799. https://doi.org/10.1080/14697688.2017.1414512
• Andrikopoulos, P., Kallinterakis, V., Leite Ferreira, M., & Verousis, T. (2017). Intraday herding on a cross-border exchange. International Review of Financial Analysis, 53, 25-36. https://doi.org/10.1016/j.irfa.2017.08.010
• Kallinterakis, V., & Gregoriou, G. N. (2017). Herd behaviour: A survey
• Guney, Y., Kallinterakis, V., & Komba, G. (2017). Herding in frontier markets: Evidence from African stock exchanges. Journal of International Financial Markets, Institutions and Money, 47, 152-175. https://doi.org/10.1016/j.intfin.2016.11.001
• Gavriilidis, K., Kallinterakis, V., & Tsalavoutas, I. (2016). Investor mood, herding and the Ramadan effect. Journal of Economic Behavior and Organization, 132, 23-38. https://doi.org/10.1016/j.jebo.2015.09.018
• Economou, F., Gavriilidis, K., Goyal, A., & Kallinterakis, V. (2015). Herding dynamics in exchange groups: Evidence from Euronext. Journal of International Financial Markets, Institutions and Money, 34, 228-244. https://doi.org/10.1016/j.intfin.2014.11.013
• Charteris, A., Chau, F., Gavriilidis, K., & Kallinterakis, V. (2014). Premiums, Discounts and Feedback Trading: Evidence from Emerging Markets’ ETFs. International Review of Financial Analysis, 35, 80-89. https://doi.org/10.1016/j.irfa.2014.07.010
• Economou, F., Gavriilidis, K., Kallinterakis, V., & Yordanov, N. (2014). Do fund managers herd in frontier markets - And why?. International Review of Financial Analysis, 40, 76-87. https://doi.org/10.1016/j.irfa.2015.03.017
• Galariotis, E., Holmes, P., Kallinterakis, V., & Ma, X. (2014). Market states, expectations, sentiment and momentum: HOW naive are investors?. International Review of Financial Analysis, 32, 1-12. https://doi.org/10.1016/j.irfa.2013.12.004
• Andrikopoulos, P., Albin Hoefer, A., & Kallinterakis, V. (2014). On the impact of market mergers over herding: evidence from EURONEXT. Review of Behavioural Finance, 6(2), 104-135. https://doi.org/10.1108/rbf-12-07-10
• Gavriilidis, K., Kallinterakis, V., & Ferreira, M. (2013). Institutional industry herding: Intentional or spurious?. Journal of International Financial Markets, Institutions and Money, 26(1), 192-214. https://doi.org/10.1016/j.intfin.2013.05.008
• Holmes, P., Kallinterakis, V., & Ferreira, M. (2013). Herding in a concentrated market: A question of intent. European Financial Management, 19(3), 497-520. https://doi.org/10.1111/j.1468-036x.2010.00592.x
• Chau, F., Dosmukhambetova, G., & Kallinterakis, V. (2013). International Financial Reporting Standards and Noise Trading: Evidence from Central and Eastern European Countries. Journal of Applied Accounting Research, 14(1), 37-53. https://doi.org/10.1108/09675421311282531
• Gavriilidis, K., Kallinterakis, V., & Leire-Ferreira, M. (2013). On the impact of style investing over institutional herding: Evidence from a highly concentrated market
• Andronikidi, A., & Kallinterakis, V. (2010). Thin trading and its impact upon herding: The case of israel. Applied Economics Letters, 17(18), 1805-1810. https://doi.org/10.1080/13504850903357327
• Kallinterakis, V., Munir, N., & Radovic-Markovic, M. (2010). Herd behaviour, illiquidity and extreme market states: Evidence from Banja Luka. Journal of Emerging Market Finance, 9(3), 305-324. https://doi.org/10.1177/097265271000900303
• Kallinterakis, V., & Kratunova, T. (2007). Does thin Trading Impact Upon the Measurement of Herding? Evidence from Bulgaria