Essays about: "Tommy Chen"

Found 2 essays containing the words Tommy Chen.

  1. 1. The Discount Delusion - The Swedish Closed-End Fund Premium Puzzle

    University essay from Handelshögskolan i Stockholm/Institutionen för finansiell ekonomi

    Author : Tommy Chen; Christer Tour; [2013]
    Keywords : Closed-End Funds; Discounts; Persistence; Sweden; Efficient Market Hypothesis;

    Abstract : The final piece to the Closed-End Fund Puzzle has long eluded researchers and practitioners alike. Many attempts have been made in order to explain the existence of persistent discounts on their net asset values with varying results that sometimes outright contradict each other. READ MORE

  2. 2. Trade fragmentation and its impact on pre-trade liquidity

    University essay from Handelshögskolan i Stockholm/Institutionen för finansiell ekonomi

    Author : Josefin Bergholtz; Tommy Chen; [2011]
    Keywords : Market fragmentation; Market microstructure; MiFID; Liquidity; Bid-Offer Spreads;

    Abstract : The MiFID was introduced in November 2007 to enhance market quality and consumer protection. One dimension of the directive was the abolishment of the former concentration rule, which allowed for the emergence of competition between stock exchanges. As a result, trade flow has fragmented over several trading venues. READ MORE