auction in the pre-open session from 18 October 2010. This paper analyzes the impact of introduction of pre-open call auction … result shows a decline in the market model R2 for both opening and closing returns of stocks forming the part of call auction … and also control sample. However, the magnitude of decline is less in the opening prices for the call auction stocks …

of the FBA design removes the inefficiency by allowing traders to submit orders conditional on auction excess demand. …

volatility, I conclude that after-auction periods take over a large share of infrequent rebalancing, being attractive for a … infrequent rebalancing after the daytime auctions. Finally, I show that post-auction returns predict returns before the US market …

In most wholesale electricity markets generators must submit step-function offers of supply to a uniform price auction …