COVID-19 and investor behavior

By R. Ortmann, Matthias Pelster, Sascha Tobias Wengerek. Finance Research Letters, 2020

154 citations recorded by the source corpus.

Highlights • We investigate trading patterns of retail investors during the outbreak of COVID-19.• Investors increase their weekly trading intensity and establish more new positions.• Investors add funds to their accounts and open more new accounts.• Investors significantly reduce the usage of leverage.• Investors marginally increase their tendency to engage in short selling.

Subfields: Accounting, Economics and Econometrics, Finance

View Paper: https://www.semanticscholar.org/paper/31c2cf7c258bb3c77423f7fb084a8c9d41443a11

Citations in the corpus

• The effects of a “black swan” event (COVID-19) on herding behavior in cryptocurrency markets (2021, unknown): “Ortmann et al. (2020) report a significant increase in trading activities during the outbreak, where the average weekly trading intensity increases by 13.9% as the number of COVID-19 cases doubles.”