Vasheesh (Josh) Bhageerutty
Doctor of Philosophy candidate
He has always been fascinated by the intersection of technology and law, says PhD student Vasheesh (Josh) Bhageerutty who is exploring the regulation of AI trading and market manipulation in New Zealand, particularly on the New Zealand Exchange (NZX).
“Studying the NZX since 2020, I witnessed the potential and the vulnerabilities of our financial markets, inspiring me to explore how AI, in particular algorithmic trading, can be harnessed responsibly. By identifying regulatory gaps and proposing robust legal frameworks, my work aims to ensure fairness and transparency in the financial sector, proposing a ‘compliance by design’ legal framework for AI-driven market manipulation and related trading malpractices.
“My research not only seeks to maintain market stability locally but also aspires to influence global regulatory practices, fostering an environment where innovation and integrity coexist for the benefit of the industry and the broader community. Market manipulation is trending in New Zealand, but we lack innovation in addressing AI-driven practices like algorithmic trading and machine learning. I hope to collaborate both with local and international regulatory bodies to influence global practices and tackle these emerging challenges.”
Vasheesh’s research is being supervised by Professor Allan Beever from the AUT Law School and Dr Moshood Abdussalam who is now based at the University of Otago.
Supported to thrive
Choosing to come to AUT for his PhD was an easy decision, says Vasheesh who was born in Mauritius.
“During the 2020 lockdown, as the world came to a standstill, I submitted my research proposals to various universities and professors across the North Island. Many institutions were bogged down by administrative delays, making it difficult to receive timely responses. In contrast, the AUT law postgraduate research team and Graduate Research School were exceptionally responsive.”
What he has enjoyed most about his studies is the supportive and collaborative academic environment.
“The academic staff are highly knowledgeable and genuinely invested in student success, fostering a strong sense of community. Professor Allan Beever has been particularly helpful since day one, assisting me with the completion of my PGR9 presentation, the confirmation of my doctoral candidature and consistently providing high-quality scholarly assistance to improve my academic writing. The state-of-the-art facilities and resources at AUT have also greatly enhanced my learning experience, allowing me to conduct my research effectively.
“I’d recommend this programme to others because of the supportive and collaborative academic environment. The academic staff provide exceptional guidance and assistance, and the faculty, Graduate Research School and the library teams have been so accommodating, especially as I’ve been researching remotely from Tauranga for most of my studies.”
Advice for other students
Vasheesh has great advice for other students thinking about doctoral study.
“My advice to other students is to stay curious and proactive in your studies. Balance your academic commitments with personal wellbeing, and stay open to new ideas and perspectives. Most importantly, stay passionate about your field and keep pushing the boundaries of your knowledge.”
Make the most of resources and guidance available to you, he adds.
“Seek out mentors and build strong relationships with your professors, as their guidance can be invaluable. Take advantage of all the resources and facilities your university offers, and don't hesitate to ask for help when needed.”
