Volume and Liquidity After Cross
... advanced for this decision is that a foreign listing facilitates trading by foreign investors and therefore tends to attract them into the ranks of the company’s shareholders. If this is true, then cross-listings should be followed by reasonably large and persistent trading activity on the foreign m ...
... advanced for this decision is that a foreign listing facilitates trading by foreign investors and therefore tends to attract them into the ranks of the company’s shareholders. If this is true, then cross-listings should be followed by reasonably large and persistent trading activity on the foreign m ...
Intermarket Technical Analysis
... intermarket analysis provides a more rational understanding of technical forces at work in the marketplace. It provides a more unified view of global market behavior. Intermarket analysis uses activity in surrounding markets in much the same way that most of us have employed traditional technical in ...
... intermarket analysis provides a more rational understanding of technical forces at work in the marketplace. It provides a more unified view of global market behavior. Intermarket analysis uses activity in surrounding markets in much the same way that most of us have employed traditional technical in ...
Do retail traders suffer from high frequency traders?
... spread, which is a standard measure of market quality, would not help those that switch from (better priced) limit orders to market orders. Moreover, if the crowding-out phenomenon disproportionately affects a particular group of traders, such as unsophisticated retail traders, then one may worry th ...
... spread, which is a standard measure of market quality, would not help those that switch from (better priced) limit orders to market orders. Moreover, if the crowding-out phenomenon disproportionately affects a particular group of traders, such as unsophisticated retail traders, then one may worry th ...
1 - Schroders
... you will be more than compensated for the real yield volatility, and you would therefore expect inflation linked bonds to be a superior inflation hedge even in a environment that is generally not conducive to this asset class. More broadly the key factor is: is the inflation expected or unexpected. ...
... you will be more than compensated for the real yield volatility, and you would therefore expect inflation linked bonds to be a superior inflation hedge even in a environment that is generally not conducive to this asset class. More broadly the key factor is: is the inflation expected or unexpected. ...
How volatile are East Asian stocks during high volatility periods?*
... past decade and the rapid developments in technology have stimulated East Asian economies in a variety of ways. The financial markets of the so-called “emerging market” economies of East Asia, most of them liberalized during this period, attracted international investors as they provided alternative ...
... past decade and the rapid developments in technology have stimulated East Asian economies in a variety of ways. The financial markets of the so-called “emerging market” economies of East Asia, most of them liberalized during this period, attracted international investors as they provided alternative ...
Market Settlements Virtual and Financial Schedules (VF 201)
... • Virtual trading tends to cause Day-Ahead prices to converge to real-time prices, contributing to increased efficiency in the DayAhead Market. • It provides an additional hedging mechanism for market participants with physical loads and generation. • Opens the wholesale electric market to more part ...
... • Virtual trading tends to cause Day-Ahead prices to converge to real-time prices, contributing to increased efficiency in the DayAhead Market. • It provides an additional hedging mechanism for market participants with physical loads and generation. • Opens the wholesale electric market to more part ...
The Information Content of the NCREIF Index
... estate, such as commingled funds. Return series on privately held real estate are impacted by infrequent appraisals, are often labeled as smoothed, and hence, do not update information as quickly. Recent studies of NCREIF, for example, attempt to refine the measurement of return indexes, and interpr ...
... estate, such as commingled funds. Return series on privately held real estate are impacted by infrequent appraisals, are often labeled as smoothed, and hence, do not update information as quickly. Recent studies of NCREIF, for example, attempt to refine the measurement of return indexes, and interpr ...
Does the Market Risk Premium (MRP) Change Over Time?
... Historical Vs Expected Return Going Forward When expected returns change over time historical averages can be a poor measure of the expected return going forward ...
... Historical Vs Expected Return Going Forward When expected returns change over time historical averages can be a poor measure of the expected return going forward ...
Evidence about Bubble Mechanisms: Precipitating Event
... during 2005–2008. Between November 2005 and June 2007 18 Chinese companies issued put warrants with maturities of between six months and two years.2 These warrants gave their holders the right to sell the issuing companies’ stocks at predetermined strike prices during specified exercise periods. The ...
... during 2005–2008. Between November 2005 and June 2007 18 Chinese companies issued put warrants with maturities of between six months and two years.2 These warrants gave their holders the right to sell the issuing companies’ stocks at predetermined strike prices during specified exercise periods. The ...
Risk and Long-Run IPO Returns - Berkeley-Haas
... IPO stocks are commonly viewed as "longshots" when compared to more seasoned, publicly traded equities. As the rm generates earnings and increases its pledgeable asset base in the post-IPO period, it gains access to new funding sources|including public debt markets|which further reinforces its chan ...
... IPO stocks are commonly viewed as "longshots" when compared to more seasoned, publicly traded equities. As the rm generates earnings and increases its pledgeable asset base in the post-IPO period, it gains access to new funding sources|including public debt markets|which further reinforces its chan ...
Report on an Investigation into Possible Gaming Behaviour Related
... of approximately $432,000. The Panel believes that it would be appropriate for GEC to voluntarily repay that amount to the IESO, failing which the Panel encourages the IESO to take whatever action may be open to it to recover that amount. In August 2011, the Panel issued its Monitoring Document: Gen ...
... of approximately $432,000. The Panel believes that it would be appropriate for GEC to voluntarily repay that amount to the IESO, failing which the Panel encourages the IESO to take whatever action may be open to it to recover that amount. In August 2011, the Panel issued its Monitoring Document: Gen ...
learning and evolution of trading strategies in limit order markets
... trading strategies in limit order markets. We now summarize the main findings and discuss the main contributions of the paper. To help the discussion, we refer one-sided learning to the cases where either the informed or the uninformed traders learn and two-sided learning to the case where both the ...
... trading strategies in limit order markets. We now summarize the main findings and discuss the main contributions of the paper. To help the discussion, we refer one-sided learning to the cases where either the informed or the uninformed traders learn and two-sided learning to the case where both the ...
ABSTRACT ESSAYS ON UNIFORM PRICE AUCTIONS Mat´ıas Herrera Dappe Doctor of Philosophy, 2009
... a single uniform price auction. A sequence of uniform price auctions was chosen over a sequence of pay-as-bid auctions because uniform price auctions are more widely used in energy and emission allowance markets, and there is a growing trend toward the use of this type of auctions in other markets. ...
... a single uniform price auction. A sequence of uniform price auctions was chosen over a sequence of pay-as-bid auctions because uniform price auctions are more widely used in energy and emission allowance markets, and there is a growing trend toward the use of this type of auctions in other markets. ...
Does high-frequency trading improve market quality?
... profits. On the other hand, the cancellation fee discourages HF traders from placing limit orders, and thus encourages their market order placements. It increases the execution opportunity of a limit order for non-HF traders, and thus contributes to their placements of limit orders with higher freq ...
... profits. On the other hand, the cancellation fee discourages HF traders from placing limit orders, and thus encourages their market order placements. It increases the execution opportunity of a limit order for non-HF traders, and thus contributes to their placements of limit orders with higher freq ...
Why were there fire sales of mortgage
... forced sale of physical assets used as collateral for loans. For example, Pulvino (1998) documents that distressed airlines sold airplanes at substantially discounted prices. Collateralized lending also plays a substantial role in the forced sale of financial assets (see Brunnermeier and Pedersen ( ...
... forced sale of physical assets used as collateral for loans. For example, Pulvino (1998) documents that distressed airlines sold airplanes at substantially discounted prices. Collateralized lending also plays a substantial role in the forced sale of financial assets (see Brunnermeier and Pedersen ( ...
sales and leases
... b. Acting in mercantile capacity 3. Must be a signed writing a. If oral, must be supported by consideration AND 4. Assurance that the offer is held open 5. THEN offer is irrevocable even without consideration a. Offer is valid for three month maximum i. If offer is open for only twenty days, it is i ...
... b. Acting in mercantile capacity 3. Must be a signed writing a. If oral, must be supported by consideration AND 4. Assurance that the offer is held open 5. THEN offer is irrevocable even without consideration a. Offer is valid for three month maximum i. If offer is open for only twenty days, it is i ...