'Informed traders' presentation slideshows

Predicting Returns and Volatilities with Ultra-High Frequency Data -

Predicting Returns and Volatilities with Ultra-High Frequency Data - Implications for the efficient market hypothesis. Robert Engle NYU and UCSD May 2001 Finnish Statsitical Society Vaasa,Finland. EFFICIENT MARKET HYPOTHESIS.

737 views • 60 slides

Options Trading Activity and Firm Valuation

Options Trading Activity and Firm Valuation. Richard Roll, Eduardo Schwartz, and Avanidhar Subrahmanyam UCLA. The Issue.

702 views • 52 slides

Chapter 13 &14 Dealers and Bid-Ask Spreads

Chapter 13 &14 Dealers and Bid-Ask Spreads. What defines a dealer?. A broker acts as an agent for a customer, representing customer orders in the market (e.g., a real estate broker). A dealer takes the other side of customer trades (e.g., a used-car dealer).

719 views • 48 slides

Chapter 13 &14 Dealers and Bid-Ask Spreads

Chapter 13 &14 Dealers and Bid-Ask Spreads. What defines a dealer?. A broker acts as an agent for a customer, representing customer orders in the market (e.g., a real estate broker). A dealer takes the other side of customer trades (e.g., a used-car dealer).

485 views • 48 slides

Money, Banking & Finance Lecture 4

Money, Banking & Finance Lecture 4. The Theory and Practice of Equity Trading. Aims. Examine the process by which investment decisions are translated into the action of buying or selling shares. Understand how a trading environment operates and how the players interact.

447 views • 33 slides

CHAPTER THREE

471 views • 32 slides

V. ADVERSE SELECTION, TRADING AND SPREADS

V. ADVERSE SELECTION, TRADING AND SPREADS. A. Information and Trading. The economics of information is concerned with how information along with the quality and value of this information affect an economy and economic decisions.

379 views • 25 slides

V. ADVERSE SELECTION, TRADING AND SPREADS

V. ADVERSE SELECTION, TRADING AND SPREADS. A. Information and Trading. The economics of information is concerned with how information along with the quality and value of this information affect an economy and economic decisions.

428 views • 24 slides

Chapter 10 Informed Traders and Market Efficiency

Chapter 10 Informed Traders and Market Efficiency. Informed traders. Acquire and act on information about fundamental values. Buy (sell) when prices are below their estimates of fundamental value. Include value traders, news traders, information-oriented technical traders, and arbitragers. .

499 views • 17 slides

Chapter 24 Specialists

Chapter 24 Specialists. NYSE Structure. 1366 members (specialists & floor brokers) Seat = Member = Right to buy & sell on the NYSE Floor Approximately 3000 listed companies. Specialists. 7 specialist firms Approximately 450 specialists Typically 5 to 10 years on-the-job training

317 views • 16 slides

Chapter 29 Insider Trading

Chapter 29 Insider Trading. Insider Trading: Definition. Inside information is material information that is not available to public traders. Material information is information that would cause prices to change if it were widely known.

311 views • 13 slides

The Make or Take Decision in an Electronic Market

The Make or Take Decision in an Electronic Market. Discussion: Jaime F. Zender 2003 MTS Conference on Financial Markets. The Basics. A big issue in microstructure is that the models one would build to examine certain issues are intractable.

95 views • 9 slides

Adverse Selection Model I

184 views • 4 slides

How to Export Gems?

A customs broker has "access to systems and knowledge to file Customs entries in an efficient manner and utilize importer best-practices to speed import clearances and reduce import duties", according to Informed Trade.

180 views • 3 slides