significant predictive information, quote changes in VIX options can significantly predict changes in the index, with this … acting on market-wide information, traders in VIX options may prefer to submit limit orders, as opposed to market orders …, leading to such information being contained in the quote changes …

We investigate the information contained in foreign exchange (FX) volume using a novel dataset from the over … exchange rate determination, in which volume helps reveal the degree of asymmetric information in currency markets. Testing … this prediction shows that asymmetric information is uniform across currency pairs but varies across instruments …

government (ESG) information. Although retail investors trade more on ESG disclosed stocks than no-disclosed stocks, ESG … disclosure information does not help retail investors to predict future return. Within the ESG disclosed stocks, retail investors … ESG stock stocks. The information quality, investor inattention, limits of arbitrage and mispricing could explain part of …

Lack of transparency in securitization transactions significantly contributed to the severe financial crisis of … 20072009. To increase transparency we propose a new mechanism: financial claims with fingerprints. They would allow market … participants at each stage of the securitization process to obtain easily full information about the underlying original risks and …

agents sheepishly following the actions of others, but such actions can be rational under asymmetric information and …