... and security pricing, we investigate how the implementation of SSR affects the information asymmetry in both the stock and option markets, as measured by the probability of informed traders and the degree of contribution of option trades toward the price discovery of the underlying stock, respectively [1...

...P. Joakim Westerholm; Jun Chen; Alireza Tourani-Rad; Ronghua Yi Purpose – The purpose of this paper is to investigate the impact of short selling and margin trading on the price discovery and price informativeness of cross-listed firms, using a sample of Chinese firms listed on the China and Hong...

...P. Joakim Westerholm; Benjamin Clapham; Kai Zimmermann Purpose – The purpose of this paper is to study price discovery and price convergence in securities trading within a fragmented market environment where stocks are traded on multiple venues. The results provide novel empirical insights...