Hao, Xiaoting; Lee, Eunju; Piqueira, Natalia - In: Journal of Financial Markets 16 (2013) 2, pp. 308-330
Although the literature provides strong evidence supporting the presence of informed trading in both the option and the … short equity markets, it is not clear which market attracts more informed trading. Using a unique dataset that covers … intraday transaction data in the option and short equity markets, we investigate informed trading in a cross-market environment …