Essays about: "MIFID"

Showing result 11 - 15 of 27 essays containing the word MIFID.

  1. 11. MiFID II – Är en lägre gräns för minsta möjliga prisförändring likviditetsförhöjande?

    University essay from Lunds universitet/Nationalekonomiska institutionen

    Author : Erik Bjärum; [2019]
    Keywords : Likviditet; Spread; Orderbokens djup; MiFID II; Business and Economics;

    Abstract : Studiens syfte är att utreda huruvida likviditeten som helhet förbättrats till följd av införandet av MiFID II och dess medföljande förändring av tick-sizen på Nasdaq Nordics svenska huvudlistor. Studien genomförs på ett slumpmässigt urval bestående av 20 aktier från vardera tre huvudlistor med hjälp av historisk transaktions- och volymdata. READ MORE

  3. 12. Price Impact and Venue Dependence

    University essay from KTH/Matematisk statistik

    Author : Lukas Molander; [2019]
    Keywords : Price Impact; micro-price; MiFID II; venue dependence; toxicity; financial mathematics; statistics; Prispåverkan; micro-pris; MiFID II; handelsplatsberoende; finansiell matematik; statistik;

    Abstract : The equity trading of today is fragmented across regulated markets (RMs) and multilateral trading facilities (MTFs). Despite being legally very similar Busch (2017), market participants have reported that they attract different types of traders. Market dynamics arise from the interactions between all market participants (agents) Kyle (1985). READ MORE

  4. 13. Bidding models for bond market auctions

    University essay from KTH/Matematisk statistik

    Author : Kristofer Engman; [2019]
    Keywords : Auction; winner s curse; request for quote; RFQ; statistics; applied mathematics; financial mathematics; bond; e-auction; fixed income; skew exponential power; mifid II; pricing; Budgivning; winner s curse; request for quote; RFQ; statistik; tillämpad matematik; finansiell matematik; obligation; e-auktion; fixed income; skew exponential power; mifid II; prissättning;

    Abstract : In this study, we explore models for optimal bidding in auctions on the bond market using data gathered from the Bloomberg Fixed Income Trading platform and MIFID II reporting. We define models that aim to fulfill two purposes. The first is to hit the best competitor price, such that a dealer can win the trade with the lowest possible margin. READ MORE

  5. 14. Effects of MIFID II on Stock Trade Volumes of Nasdaq Stockholm

    University essay from KTH/Matematisk statistik

    Author : Eva Elling; [2019]
    Keywords : TSCS; time series analysis; STL; ARIMA; causal inference; inference; treatment effect; Tidserieanalys; STL; ARIMA; inferens; causalitet; kausalitet; TSCS;

    Abstract : Introducing new financial legislation to financial markets require caution to achieve the intended outcome. This thesis aims to investigate whether or not the newly installed revised Markets in Financial Instruments Directive- the MIFID II regulation - temporally influenced the trading stock volume levels of Nasdaq Stockholm during its introduction to the Swedish stock market. READ MORE

  6. 15. Herding Behavior in Forecasting of European Companies: Optimism and the Impact of the MiFID

    University essay from Handelshögskolan i Stockholm/Institutionen för finansiell ekonomi

    Author : Tom Sigfridsson; Erik Lunning; [2018]
    Keywords : Herding; Earnings per share forecasts; Optimism; Regulation; MiFID;

    Abstract : This thesis examines analysts' earnings per share forecast revisions for European companies and classifies them as either herding or bold. We further classify bold forecasts as optimistic or pessimistic. READ MORE