Wong, Woon K.; Chang, Matthew C.; Tu, Anthony H. - In: Pacific-Basin Finance Journal 17 (2009) 1, pp. 28-40
Using transactions and quotes data, we find significant magnet effects of price limit rules in Taiwan Stock Exchange (TSEC). Consistent with Subrahmanyam [Subrahmanyam, A., 1994. Circuit breakers and market volatility: a theoretical perspective. Journal of Finance 49, 237-254], we find that when...
