Using High Frequency Transaction Data to Estimate Time-Varying Adjusted Probability of Informed Trading.
碩士 === 國立雲林科技大學 === 財務金融系 === 102 === Probability of informed trading (PIN) presents the degree of asymmetric information. There have a positive relation between asymmetric information and return, but asymmetric information also can result in the loss on uninformed traders. Therefore, PIN is very...
| Main Authors: | , |
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| Format: | Others |
| Language: | en_US |
| Published: |
2014
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| Online Access: | http://ndltd.ncl.edu.tw/handle/52036813645813625186 |