LIBROS DEL AUTOR: sigridur benediktsdottir

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  • International Finance Discussion Papers
    Sigridur Benediktsdottir / United States Federal Reserve Board
    I establish stylized empirical facts about the trading behavior of New York Stock Exchange specialists. Specifically, I look at the effect of future price movements, the specialist’s explicit role, and the specialist’s inventory levels on specialist trading behavior. The motivation for this empirical study is to infer whether the specialist behaves like an active investor who h...
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