Frömmel, Michael; Kadioglu, Eyup - In: Financial innovation : FIN 9 (2023) 1, pp. 1-23
hours extensions on volatility. During the sample period, the Moscow Exchange extended trading hours three times for the … period of three months both prior to and following trading hours extensions. Besides historical volatility measures, we also … extensions of trading hours cause a significant increase in both volatility and volume for further analyzing the reasons behind …