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Showing 1 to 2 of 2 for “"intraday variation"”.

  1. The Chinese equity market : characteristics, microstructure and efficiency

    … towards efficiency over the years? What are the intraday patterns of price behaviour? Which trades move prices? Finally, does Chinese investors' psychology have effects on prices? In order to answer these questions four sets of empirical analysis have been undertaken. The first study investigates …

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  2. Patterns and Determinants of the Intraday Bid-Ask Spread and Depth of CBOE Equity Options

    This paper analyzes the intraday variation of option bid-ask spreads. We find an L-shaped spread pattern for options confirming the findings of Chan et al. (1995), a reverse U-shaped pattern for option depth, and a reverse S-shaped pattern for the underlying stock spread. In addition, we use …

    sask Repository record for Patterns and Determinants of the Intraday Bid-Ask Spread and Depth of CBOE Equity Options (opens in a new tab)