Price discovery : evidence from stock cross-listed on NASDAQ and SGX

• Main Authors: Ang, Chiew Peng, Lee, Shihua, Tay, Beng Lee
• Other Authors: Charoenwong, Charlie
• Format: Final Year Project
• Published: 2008
• Subjects: DRNTU::Business::Finance::Stock exchanges
• Online Access: http://hdl.handle.net/10356/9289
• Institution: Nanyang Technological University

This study investigates the price discovery process between NASDAQ and SGX, attempting to establish the non-existence of a dominant-satellite relationship between both markets. This justifies the decision of Creative Technology Ltd to delist from NASDAQ. In addition, availability of arbitrage oppor...