Showing 1 - 2 of 2
We compare the optimal trading strategy of an informed speculator when he can trade ahead of incoming news (is "fast"), versus when he cannot (is "slow"). We find that speed matters: the fast speculator's trades account for a larger fraction of trading volume, and are more correlated with...
Persistent link: https://www.econbiz.de/10010504950
Persistent link: https://www.econbiz.de/10001196726