The effectiveness of trading halts and investor trading performance

• المؤلفون الرئيسيون: TAECHAPIROONTONG, Nareerat, CHAROENWONG, Charlie, CHIRAPHOL, Chiyachantana N., LURANG, Radchda
• التنسيق: text
• اللغة: English
• منشور في: Institutional Knowledge at Singapore Management University 2012
• الموضوعات: Trading Halts; Price Discovery; Volatility; Retails; Institutions; Foreign; Market Microstructure; Finance and Financial Management
• الوصول للمادة أونلاين: https://ink.library.smu.edu.sg/lkcsb_research/6818; https://ink.library.smu.edu.sg/context/lkcsb_research/article/7817/viewcontent/Trading_Halt_Final_IRJFE_Dec5_Final.pdf

This paper examines the effectiveness of trading halts and the trading performance of different types of investors or traders during halts in an Asian emerging equity market. We use trade-by-trade data flagged by types of traders between January 1999 and December 2007. The results suggest that tradi...