Trading and Electronic Markets
... cheap to operate once built. They do exactly what they are programmed to do. They keep perfect audit trails. Electronic exchange systems that support hidden orders keep those orders perfectly hidden—unlike floor brokers, who may inadvertently or fraudulently reveal their clients’ hidden orders to fr ...
... cheap to operate once built. They do exactly what they are programmed to do. They keep perfect audit trails. Electronic exchange systems that support hidden orders keep those orders perfectly hidden—unlike floor brokers, who may inadvertently or fraudulently reveal their clients’ hidden orders to fr ...
mandlebrot
... forecasting, for Mandelbrot, this was an essential step in the process because accurate predictions would be impossible without first having accurate descriptions of what exactly is happening in market environments. Mandelbrot’s Critiques of Prevailing Ideas Since Mandelbrot largely disagreed with m ...
... forecasting, for Mandelbrot, this was an essential step in the process because accurate predictions would be impossible without first having accurate descriptions of what exactly is happening in market environments. Mandelbrot’s Critiques of Prevailing Ideas Since Mandelbrot largely disagreed with m ...
Issues in assessing trade execution costs
... quality reports prepared by individual market centers will be comparable to each other. Researchers who wish to compare market quality measures while using completely uniform definitions and methods are likely to have to construct their own measures, and to continue using the publicly available trade ...
... quality reports prepared by individual market centers will be comparable to each other. Researchers who wish to compare market quality measures while using completely uniform definitions and methods are likely to have to construct their own measures, and to continue using the publicly available trade ...
to Official Notice - The Stock Exchange of Mauritius
... (ii) the listing of up to 425,342,317 ordinary shares of BLL on the Official Market of the Stock Exchange of Mauritius Ltd following the above amalgamation, which will involve the migration of BLL from the DEM to the Official Market and consequently, the withdrawal of BLL from the DEM. 2. Suspension ...
... (ii) the listing of up to 425,342,317 ordinary shares of BLL on the Official Market of the Stock Exchange of Mauritius Ltd following the above amalgamation, which will involve the migration of BLL from the DEM to the Official Market and consequently, the withdrawal of BLL from the DEM. 2. Suspension ...
Price Discovery and Trading After Hours
... outside of exchange trading hours. Although it is now relatively easy to trade after hours, in reality most investors do not. Only 4% of Nasdaq trading volume occurs after hours. This article examines how investors' decisions to trade after hours or during the trading day affect the process through ...
... outside of exchange trading hours. Although it is now relatively easy to trade after hours, in reality most investors do not. Only 4% of Nasdaq trading volume occurs after hours. This article examines how investors' decisions to trade after hours or during the trading day affect the process through ...
New Evidence on the Financialization of Commodity Markets*
... Hamilton and Wu (2012a, 2012b) and Basak and Pavlova (2013) model markets in which other traders must be compensated with risk premia to take positions opposite those of CITs. Modern models that emphasize funding constraints of financial intermediaries and limits to arbitrage also imply that the int ...
... Hamilton and Wu (2012a, 2012b) and Basak and Pavlova (2013) model markets in which other traders must be compensated with risk premia to take positions opposite those of CITs. Modern models that emphasize funding constraints of financial intermediaries and limits to arbitrage also imply that the int ...
Market sentiment
Market sentiment is the general prevailing attitude of investors as to anticipated price development in a market. This attitude is the accumulation of a variety of fundamental and technical factors, including price history, economic reports, seasonal factors, and national and world events.For example, if investors expect upward price movement in the stock market, the sentiment is said to be bullish. On the contrary, if the market sentiment is bearish, most investors expect downward price movement. Market sentiment is usually considered as a contrarian indicator: what most people expect is a good thing to bet against. Market sentiment is used because it is believed to be a good predictor of market moves, especially when it is more extreme. Very bearish sentiment is usually followed by the market going up more than normal, and vice versa.Mutual fund flows are very useful.Market sentiment is monitored with a variety of technical and statistical methods such as the number of advancing versus declining stocks and new highs versus new lows comparisons. A large share of overall movement of an individual stock has been attributed to market sentiment The stock market's demonstration of the situation is often described as all boats float or sink with the tide, in the popular Wall Street phrase ""the trend is your friend"".Market sentiment, as such, might be acquired from more than one sentiment analytical tool. For example there could be just simple extraction of movement on stock exchange and validly called market sentiment. Another tool is to extract the news and media information based on their polarity. Yet another sub-subject might be community sentiment about the market movements (blogs, forums).In the last decade, investors are also known to measure market sentiment through the use of news analytics, which include sentiment analysis on textual stories about companies and sectors.The Acertus Market Sentiment Indicator (AMSI) is one indicator of market sentiment. AMSI incorporates five variables. In descending order of weight in the indicator they are Price/Earnings Ratio, a measure of stock market valuations; price momentum, a measure of market psychology; Realized Volatility, a measure of recent historical risk; High Yield Bond Returns, a measure of credit risk; and the TED Spread, a measure of systemic financial risk. Each of these factors provides a measure of market sentiment through a unique lens, and together they may offer a more robust indicator of market sentiment.Additional indicators exist to measure the sentiment specifically of retail Forex market investors. Though the Forex market is decentralized (not traded on a central exchange), various retail Forex brokerage firms publish positioning ratios (similar to the Put/Call ratio) and other data regarding their own clients' trading behavior. Since most retail currency traders are unsuccessful, measures of Forex market sentiment are typically used as contrarian indicators.