Now showing items 1-8 of 8
Friend or Foe? Foreign investors and the liquidity of six Asian markets
(Universidad EAFIT, 2010-07-15)
Does Information Asymmetry matter in emerging markets?. Evidence from six Latin American stock markets
(Universidad EAFIT, 2011-11-10)
Liquidez en los Mercados Accionarios Latinoamericanos: Estimando el efecto del Mercado Integrado Latinoamericano (MILA)
(Universidad EAFIT, 2012-12-15)
In this study one estimates transaction costs associated with intraday liquidity of shares belonging to six Latin American stock markets (Argentina, Brazil, Chile, Colombia, Mexico and Peru) during a period of six months ...
Calidad de mercado y reformas al sistema transaccional. El Caso de X-Stream en el Mercado accionario colombiano
(Universidad EAFIT, 2013-03-15)
We estimate the effect of the new trading system, X-Stream, on the market quality of the Colombian Stock Exchange on February 2009. We test the effect on liquidity measures (bid-ask margin and price impact), daily and ...
Market quality and structural changes in the trading system. The case of X-Stream on the Colombian stock exchange
(Emerald Group Publishing Limited, 2014)
Purpose. The purpose of this paper is to study the effect of X‐Stream, the new trading platform of the Colombian Stock Exchange since February 2009, on the market quality. Design/methodology/approach. The authors test the ...
Friend or foe? Foreign investors and the liquidity of six asian emerging markets
(John Wiley & Sons, Inc., 2010)
Studying foreign flows and the liquidity of six Asian markets and the Johannesburg Stock Exchange, we provide evidence of two contrary effects of foreigners on liquidity. On the one hand, foreign trade has a negative but ...
Market quality and structural changes in the trading system: The case of X-Stream on the Colombian stock exchange.
(Universidad EAFIT, 2014-03-01)
We study the effect of X-Stream, the new trading platform of the Colombian Stock Exchange since February 2009, on the quality of the stock market. Contributing to the literature on market quality, this paper provides novel ...
How does information disclosure affect liquidity? Evidence from an Emerging Market
(Universidad EAFIT, 2018-11)
Cross-sectional models positively relate firm information disclosure with stock liquidity, but dynamic models in news releases days show an opposite relation. We address this puzzle by studying the effects of information ...