This article studies the intraday patterns of trading volume, volatility, and spreads and day-of-the-week variations for stock index options traded on the Taiwan Futures Exchange (TAIFEX). In addition, we examine the overnight variations in returns, volatility and spreads as well. We find that...

This paper examines the volatility–volume relationship in Taiwan stock market, using volume data categorized by type of trader. We consider before and after our event period of lifting the investment restrictions for foreign investors. We partition trading volume into expected and unexpected...

This paper aims to investigate the effect of financial analysts' earnings forecast on the institutional trading. In specific, we address three issues regarding the effect of financial analysts earnings forecast on the institutional holdings: (1) Do institutional investors pay more attention and...