Innocenti, Alessandro; Malpenga, Pier; Menconi, Lorenzo; … - Dipartimento di Politica Economica, Finanza e Sviluppo … - 2011
The paper analyses a case study of time lag in processing market-sensitive information with intraday data. On February 2011, the Italian Parliament approved the so called Milleproroghe decree issued by the Government which included, among others, a new important rule for banks transforming the...