The Law of One Price and Arbitrage on China’s Dual-Listings in Hong Kong and New York
The International Journal of Banking and Finance, 2012 Traditionally, arbitrage refers to simultaneously buying and selling the same financial assets by taking advantage of a price difference in two or more markets.
Liu Liu, Timofei Bogomolov
doaj
Investor overreactions to transnational peer firm earnings: The role of accounting standards
Contemporary Accounting Research, EarlyView.Abstract This study finds that accounting standards play an important role in cross‐border investor reactions to peer firm earnings. Specifically, we document that when international peer firms report under the same accounting standards, investors overreact to peer firms' earnings announcements.
Manuel Herkenhoff, Martin Nienhaus
wiley +1 more source
Optimal economic and environmental arbitrage of grid-scale batteries with a degradation-aware model
Energy Conversion and Management: XEnergy arbitrage is a potential revenue stream for battery operators with access to variable electricity prices. However, the power shifted by grid-scale energy storage has the potential to influence the production mix in real time, impacting the carbon ...
Cem Keske +3 more
doaj
Arbitrage Equilibrium, Invariance, and the Emergence of Spontaneous Order in the Dynamics of Bird-like Agents. [PDF]
Entropy (Basel), 2023 Sivaram A, Venkatasubramanian V.
europepmc +1 more source
Interest Rate Arbitrage in Currency Baskets: Forecasting Weights and Measuring Risk [PDF]
, 1999 Peter Christoffersen, Lorenzo Giorgianni
openalex +1 more source
10‐K complexity, analysts' forecasts, and price discovery in capital markets
Accounting &Finance, EarlyView.Abstract This paper examines the behaviour of stock prices and analysts' earnings forecasts following firms' increasingly complex 10‐K filings. Our evidence suggests that greater information uncertainty outweighs greater analyst ability, and the net effect drives greater underreaction in analysts' earnings forecasts following the release of more ...
Jamie Diaz +2 more
wiley +1 more source
De internationale stedelijke arbitrages in de middeleeuwen.
, 1949 E. R. Van Bogaert
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The leaders' shadow: Excessive information spillover in the Chinese stock market
Accounting &Finance, EarlyView.Abstract This study investigates information spillover from industry leaders to peer firms during the leaders' earnings announcements (EAs) in the Chinese stock market. We find a positive information spillover, which is subsequently corrected when peers announce their own earnings, indicating excessive information spillover (overreaction).
Jiaxin Duan +3 more
wiley +1 more source
In memoriam: Marco Avellaneda (1955–2022)
Mathematical Finance, Volume 33, Issue 1, Page 3-15, January 2023., 2023 Abstract Marco Avellaneda (1955–2022) was a leading figure in the development of mathematical modeling in finance and its dissemination among market practitioners. We provide a sketch of his trajectory and outline some of his main research contributions to mathematical finance.
Rama Cont
wiley +1 more source
Can ETFs mitigate stock Co-movement? An analysis of an emerging market. [PDF]
Heliyon, 2023 Esmaeilpour Moghadam H.
europepmc +1 more source