Is the International Diversification Potential
... indices and (2) foreign stocks that are listed and traded in the US. I examine the first group since this is the standard approach in the international diversification literature, while I study the second group since some have argued that US-listed foreign stocks are the more natural diversification ...
... indices and (2) foreign stocks that are listed and traded in the US. I examine the first group since this is the standard approach in the international diversification literature, while I study the second group since some have argued that US-listed foreign stocks are the more natural diversification ...
Volume and Liquidity After Cross
... foreign investors, being typically more sensitive to inside information. A possible rationalization of this puzzle is that informational asymmetries between domestic and foreign investors are actually lower for small, high-growth and high-tech firms. This may be the case if these firms cross-list pr ...
... foreign investors, being typically more sensitive to inside information. A possible rationalization of this puzzle is that informational asymmetries between domestic and foreign investors are actually lower for small, high-growth and high-tech firms. This may be the case if these firms cross-list pr ...
High frequency trading: assessing the impact on market
... been in part attributed to practices of high-frequency traders. 3 While regulators make use of formal consultation processes to help them make decisions about whether to authorise a given market design change, the nature of the evidence provided is normally supported by an underwhelming amount of ha ...
... been in part attributed to practices of high-frequency traders. 3 While regulators make use of formal consultation processes to help them make decisions about whether to authorise a given market design change, the nature of the evidence provided is normally supported by an underwhelming amount of ha ...
Familiarity Breeds Investment
... absence of barriers to international investment.” An article in the Economist (1996), “Stay-at-Home Shareholders,” concludes: “It appears, therefore, that foreign investment has been hampered, at least until recently, by many of the factors that common sense would suggest: capital controls, opaque m ...
... absence of barriers to international investment.” An article in the Economist (1996), “Stay-at-Home Shareholders,” concludes: “It appears, therefore, that foreign investment has been hampered, at least until recently, by many of the factors that common sense would suggest: capital controls, opaque m ...
The IOSCO Transparency Principle and Modelling the Bid
... of pre-trade transparency. It is important to bear in mind that there are multiple primary dealers that a client can canvas for prices. Given that there are institutional investors participating in this market it is likely that they will request quotes from more than one dealer. Consequently, invest ...
... of pre-trade transparency. It is important to bear in mind that there are multiple primary dealers that a client can canvas for prices. Given that there are institutional investors participating in this market it is likely that they will request quotes from more than one dealer. Consequently, invest ...