999 resultados para Bourse de Paris.


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At head of title ... National monetary commission.

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t. 1. L'explication des lois et règlements relatifs aux valeurs mobilières ...--t. 2. Des études sur les principales valeurs négociées à la Bourse de Paris ...

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This paper studies the behaviour of returns for a sample of cross-listed stocks, listed on both the Paris Bourse and SEAQ-International in London. The aim of the paper is to discover which market adjusts to fundamental news more quickly, the home market of Paris or SEAQ-International. We find that prices in London adjust to changes in their fundamental value more slowly than Paris prices, despite the ability to quickly arbitrage between the two markets. We suggest that this finding may reflect the type of trading, which takes place in the two markets and differences associated with the reporting of large trades. We also estimate the amount of noise present in the two markets and show that the Paris market is more noisy than London. © 2003 Published by Elsevier B.V.

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Variante(s) de titre : Les Coulisses : petit journal des théâtres, de la littérature et de la bourse...