Similar Search Results

Détermination empirique des facteurs influençant les titres du secteur bancaire européen : une approche basée sur l'APT international

Seiler, Robert - In: Finance : revue de l'Association Française de Finance 17 (1996) 1, pp. 79-112

Persistent link: https://www.econbiz.de/10001219513

Les fondements de la rotation sectorielle des portefeuilles

Berdot, Jean-Pierre; Goyeau, Daniel; Léonard, Jacques - In: Revue d'économie financière : revue trimestrielle de … (2005) 78, pp. 345-362

Persistent link: https://www.econbiz.de/10002748402

False news, informational efficiency, and price reversals

Dugast, Jérôme; Foucault, Thierry - 2015

Information processing filters out the noise in data but it takes time. Hence, low precision signals are available before high precision signals. We analyze how this feature affects asset price informativeness when investors can acquire signals of increasing precision over time about the payoff...

Persistent link: https://www.econbiz.de/10010499565

Toxic arbitrage

Foucault, Thierry; Kozhan, Roman; Tham, Wing Wah - 2015

expose dealers to the risk of trading at stale quotes. Hence, theory implies that more frequent toxic arbitrage opportunities …Short lived arbitrage opportunities arise when prices adjust with a lag to new information. They are toxic because they … triangular arbitrage. As predicted, illiquidity is higher on days when the fraction of toxic arbitrage opportunities and …

Persistent link: https://www.econbiz.de/10010499534