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Keywords: Informed investors
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Journal Articles
Journal:
The Journal of Risk Finance
Journal of Risk Finance (2015) 16 (3): 303–320.
Published: 18 May 2015
... and redistributes informed investors between the foreign market and the domestic one. The increase of domestic platforms’ number then has more complex effects on externalities (of information and liquidity). When the liquidity externalities are low, the diversification of financial platforms increases the number...
