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This paper examines the relative efficiency of the U.S. and Stockholm Stock Exchanges. Numerous stocks are cross-listed on United States Exchanges and the Stockholm Stock Exchange. We compare the prices of these firms at near-simultaneous trading times. This study is an extension of an earlier...
Persistent link: https://www.econbiz.de/10013151104
In this paper we examine the relative efficiency of the U.S. and Swedish Stock Exchanges. Numerous stocks are cross-listed on United States Exchanges and the Swedish Stock Exchange. We compare the prices of these firms at near-simultaneous trading times. We find evidence of a lack of efficiency...
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