By studying the only mandatory pre-IPO market in the world – Taiwan's Emerging Stock Market (ESM), we document that pre …

This paper analyzes the impact of pre-trade transparency on price discovery. On January 1, 2003, the Taiwan Stock … opportunity to examine the impact of transparency on price discovery. The sample involves 500 stocks listed on the Taiwan Stock …

January 1, 2003, the Taiwan Stock Exchange increases pre-close transparency by disclosing the best five bid and ask prices and … related unexecuted orders before market closing. At the same time, the Taiwan Stock Exchange does not disseminate any …

This paper aims to investigate the impact of day trading on market quality on the Taiwan stock market with the … stock market in Taiwan officially approved selected stocks for day trading for all investors. Within the sample period, the … trading to deal with the possible endogenous problem and the main findings remain consistent. Since early 2014, the Taiwan …

recommendation revision announcements made by securities firms in the Taiwan stock market. Our results reveal that for upgrade …

period of the stock closing call. On July 1, 2002, the Taiwan Stock Exchange expanded the length of the batching period …

This study investigates the magnet effect after relaxing the daily price limits in the Taiwan Stock Exchange by using a …

Under the influence of the western world, the solar New Year celebration seems to have fascinated everyone in Taiwan … on the stock market of Taiwan, showing that the lunar effect outshines the solar one, but the magnitude is decreasing for …