A Cause of Action for Option Traders against Insider Option Traders
نویسندگان
چکیده
منابع مشابه
Option Pricing by Students and Professional Traders: A Behavioural Investigation
We compare the behaviour of students and professional traders from an influential German bank in an experiment involving financial options. The arbitrage free option price is independent of the probability distribution of the underlying asset. The experimental data uncover a probability dependent option valuation of the students, however, they learn to exploit more arbitrage as they gain experi...
متن کاملCooperation Policies for Traders
[NiGo94] Y. Ni and A. Goscinski. Trader cooperation to enable object sharing among users of homogeneous distributed systems. been described in section 3 are applied. This means answering the questions of the introduction either by the system administrator or automatically. In a next step, cost and security aspects will be included. To prepare this, cost have already been included in the general...
متن کاملInformed Traders
An asymmetric information model is introduced for the situation in which there is a small agent who is more susceptible to the flow of information in the market than the general market participant, and who tries to implement strategies based on the additional information. In this model market participants have access to a stream of noisy information concerning the future return of an asset, whe...
متن کاملDo retail traders suffer from high frequency traders?
Using a change in regulatory fees in Canada in April 2012 that affected algorithmic quoting activities, we analyze the impact of high frequency quoting and trading on market quality, trader behavior, and trading costs and profits. Following the change, algorithmic message traffic, i.e. the number of orders, trades, and order cancellations, dropped by 30% and the bid-ask spread rose by 9%. Using...
متن کاملParrondo Strategies for Artificial Traders
On markets with receding prices, artificial noise traders may consider alternatives to buy-and-hold. By simulating variations of the Parrondo strategy, using real data from the Swedish stock market, we produce first indications of a buylow-sell-random Parrondo variation outperforming buy-and-hold. Subject to our assumptions, buy-low-sell-random also outperforms the traditional value and trend i...
متن کاملذخیره در منابع من
با ذخیره ی این منبع در منابع من، دسترسی به آن را برای استفاده های بعدی آسان تر کنید
ژورنال
عنوان ژورنال: Harvard Law Review
سال: 1988
ISSN: 0017-811X
DOI: 10.2307/1341429