Insider trading, regulation and the components of the Bid-Ask Spread
Insiders pose a risk to providers of liquidity, who require compensation for this and consequentially widen spreads. In this paper we investigate the relationship between insider trading regulation and the cost of trading by decomposing the components of the spread before and after the enactment of...
| Main Authors: | , , |
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| Format: | Others |
| Published: |
AUT Faculty of Business,
2011-02-21T02:49:15Z.
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| Subjects: | |
| Online Access: | Get fulltext |