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The nature of informed option trading : evidence from the takeover market /

This study examines the kind of information 'informed' traders have prior to a takeover announcement using options of target firms and elaborates on the cross-sectional relationship between options and stocks around takeover announcements. Financial markets are driven by information and by...

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Detalles Bibliográficos
Clasificación:Libro Electrónico
Autor principal: Klapper, Marco (Autor)
Formato: Electrónico eBook
Idioma:Inglés
Publicado: Hamburg, Germany : Anchor Academic Publishing, 2014.
Temas:
Acceso en línea:Texto completo
Descripción
Sumario:This study examines the kind of information 'informed' traders have prior to a takeover announcement using options of target firms and elaborates on the cross-sectional relationship between options and stocks around takeover announcements. Financial markets are driven by information and by individuals that generate, process, and disclose this information to the market. Naturally, there have to be individuals who possess more information about a firm or a future event than other market participants. Mergers and acquisitions are particularly interesting events in this regard because they can hav.
Descripción Física:1 online resource (71 pages) : illustrations, tables
Bibliografía:Includes bibliographical references.
ISBN:9783954896721
3954896729