نتایج جستجو برای: noise trading

تعداد نتایج: 216141  

2008
S. Drożdż F. Grümmer F. Ruf J. Speth

Detailed study of the financial empirical correlation matrix of the 30 companies comprised by DAX within the period of the last 11 years, using the time-window of 30 trading days, is presented. This allows to clearly identify a nontrivial time-dependence of the resulting correlations. In addition, as a rule, the draw downs are always accompanied by a sizable separation of one strong collective ...

2014

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Today, export-oriented companies are very important. These companies need a lot of investment to expand their activities, which is one of the best ways to finance the stock market and since market return is one of the factors influencing people's decisions to direct their capital to this market return. Therefore, the analysis of factors affecting this market return is importants and hence the m...

2002
Nicolas Audet Toni Gravelle Jing Yang

There is a growing realization among regulators and managers of competing trading venues (incumbent stock exchanges, in particular) that the design of the trading mechanism is the most important determinant of a market’s ability to compete for order flow. To understand how different trading venues succeed in capturing trading activity in a particular security, one has to understand which attrib...

2011
Junyu Chen

This paper empirically examines the relationship between trading intensity and price in the US existing home markets. In particular, I have tested two recent theories, the search model by Wheaton (1990) and the "downpayment" model by Stein (1995). The search model predicts that trading volume should positively affect real home price, while the "downpayment" model predicts that, with liquidity c...

2015
Elaine Wah

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Journal: :Management Science 2017
William J. McNally Andriy Shkilko Brian F. Smith

This paper finds evidence that brokers who execute insider trades on the Toronto Stock Exchange engage in tipping and insider trading. We find that on the day when insiders buy (sell), there is a significant increase in the proportion of non-insider client buying (selling) handled by the insider’s brokerage firm. Furthermore, we find that the brokerage firm doubles the amount of its own buying ...

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