IDEAS home Printed from https://ideas.repec.org/p/hal/journl/hal-00752130.html
   My bibliography  Save this paper

Les réservations et les suspensions de cotation sont-elles un frein à l'efficience informationnelle des marchés ?

Author

Listed:
  • Karine Michalon

    (CEREG - Centre de Recherche sur la gestion et la Finance - DRM UMR 7088 - Université Paris Dauphine-PSL - PSL - Université Paris sciences et lettres - CNRS - Centre National de la Recherche Scientifique, DRM - Dauphine Recherches en Management - Université Paris Dauphine-PSL - PSL - Université Paris sciences et lettres - CNRS - Centre National de la Recherche Scientifique)

Abstract

The use of the trading halts is a practice common to all markets. However, the advantages and the disadvantages of the measurements are regularly discussed. The partisans think that the trading suspensions or the price limits make it possible to the investors to have time to react to the new information. The detractors think that the trading halts are barriers with the trade. A theorical debate thus continued with an empirical discussion. The results of this study appear relatively scattered. It is today difficult to draw a general conclusion as for the effectiveness of the trading halts.

Suggested Citation

  • Karine Michalon, 2012. "Les réservations et les suspensions de cotation sont-elles un frein à l'efficience informationnelle des marchés ?," Post-Print hal-00752130, HAL.
    • Handle: RePEc:hal:journl:hal-00752130
    Note: View the original document on HAL open archive server: https://hal.science/hal-00752130
    as

    Download full text from publisher

    File URL: https://hal.science/hal-00752130/document
    Download Restriction: no
    ---><---

    More about this item

    Keywords

    Réservations; suspensions;

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:hal:journl:hal-00752130. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    We have no bibliographic references for this item. You can help adding them by using this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: CCSD (email available below). General contact details of provider: https://hal.archives-ouvertes.fr/ .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.