Order flow imbalance effects on the German stock market

the effects of changing roughness on the flow structure in the bends

flow in natural river bends is a complex and turbulent phenomenon which affects the scour and sedimentations and causes an irregular bed topography on the bed. for the reason, the flow hydralics and the parameters which affect the flow to be studied and understand. in this study the effect of bed and wall roughness using the software fluent discussed in a sharp 90-degree flume bend with 40.3cm ...

Weak-Form Efficiency In The German Stock Market

Weekday Dependence of German Stock Market

The so{called`Monday eeect' has been found for various stock markets of the world. The empirical nding that Monday returns are signiicantly smaller than returns measured for the remaining days of the week calls the eeciency hypothesis for pricing processes operating on stock markets into question. Investigating an index series measured at the Frankfurt stock exchange the paper compares estimati...

weak-form efficiency in the german stock market

Floor versus Screen Trading: Evidence from the German Stock Market

The last decade has witnessed a dramatic increase in both the number and the market share of screen-based trading systems. Electronic trading systems do offer lower operating costs and the possibility of remote access to the market. On the other hand, arguments based on the anonymity of electronic trading systems suggest that adverse selection may be a more severe problem and that, therefore, b...