Finance - Research Publications
Now showing items 1-10 of 94
Dark trading and price discovery
(ELSEVIER SCIENCE SA, 2015-10-01)
Stock Price Manipulation: Prevalence and Determinants*
(OXFORD UNIV PRESS, 2014-01-01)
We empirically analyze the prevalence and economic underpinnings of closing price manipulation and its detection. We estimate that ∼1% of closing prices are manipulated, of which only a small fraction is detected and ...
Is Australia HFT-Friendly?
(Financial Services Institute of Australasia, 2012)
Stephen Satchell’s paper ‘An assessment of the social desirability of high-frequency trading’, in this issue of JASSA examines the costs and benefits, and highlights some empirical evidence on the impact of HFT on market ...
Disappearing Call Delay and Dividend-Protected Convertible Bonds
Firms do not historically call their convertible bonds as soon as conversion can be forced. A number of explanations for the delay rely on the size of the dividends that bondholders forgo so long as they do not convert. ...
Investor sentiment, executive compensation, and corporate investment
(ELSEVIER SCIENCE BV, 2010-10-01)