Informed trading and liquidity in the Shanghai Stock Exchange
(2009)
Journal Article
Wong, W. K., Tan, D., & Tian, Y. (2009). Informed trading and liquidity in the Shanghai Stock Exchange. International Review of Financial Analysis, 18(1-2), 66-73. https://doi.org/10.1016/j.irfa.2008.11.002
Dufour and Engle (J. Finance (2000) 2467) find evidence of increased presence of informed traders when the NYSE markets are most active. No such evidence, however, can be found by Manganelli (J. Financial Markets (2005) 377) for the infrequently trad... Read More about Informed trading and liquidity in the Shanghai Stock Exchange.