Internationally cross-listed stock prices during overlapping trading hours: price discovery and exchange rate effects

By Joachim Grammig, Michael Melvin, Christian Schlag. 2005

249 citations recorded by the source corpus.

Subfields: Economics and Econometrics, Finance

View Paper: https://www.semanticscholar.org/paper/88d34ffc2eed8e26c528dbad94ee367220716000

Citations in the corpus

• Information, Trading Volume, and International Stock Return Comovements: Evidence from Cross-Listed Stocks (2009, unknown): “…on the stock and nontraded asset are correlated: Investors adjust holdings of the nontraded asset and the stock in order to maintain an optimal risk profile generating “allocational” or “hedging” trades in the model.5 When new private information arrives, those informed investors take speculative…”