An Empirical Analysis of the Relation Between Option Market Liquidity and Stock Market Activity

2004 ◽  
Author(s):  
Iskra Kalodera ◽  
Christian Schlag
Keyword(s):  
Stock Market ◽  
Empirical Analysis ◽  
Market Liquidity ◽  
Market Activity ◽  
Option Market

scholarly journals Impact of MiFID II on Romanian Stock Market Liquidity—Comparative Analysis with a Developed Stock Market

2021 ◽  
Vol 9 (4) ◽  
pp. 69
Author(s):  
Marius Cristian Miloș ◽  
Laura Raisa Miloș ◽  
Flavia Barna ◽  
Claudiu Boțoc
Keyword(s):  
Comparative Analysis ◽  
Stock Market ◽  
Empirical Analysis ◽  
Financial Education ◽  
Market Liquidity ◽  
Previous Literature ◽  
Empirical Literature ◽  
German Stock ◽  
Stock Market Liquidity ◽  
German Stock Market

In light of previous literature that has investigated the effects of MiFID and MiFID II regulation on stock market liquidity, we investigate whether the introduction of MiFID II in Romania has had any effect on the stock market liquidity. Through our empirical analysis, we were able to estimate a meaningful reduction of liquidity in the Romanian stock market liquidity, in response to MiFID II, in line with the previous empirical literature. We find that the liquidity of the BET index constituents has decreased in the period following MiFID II. We find contradictory results in what concerns the German stock market, which could be explained by the different level of development of the stock markets and of the financial education of investors.

How to Assure Stable Development in Unstable Financial Environment?

2007 ◽  
pp. 4-26 ◽  
Author(s):  
M. Ershov
Keyword(s):  
Stock Market ◽  
Developed Countries ◽  
Market Liquidity ◽  
Market Mechanisms ◽  
Russian Economy ◽  
The Developed Countries ◽  
Russian Stock Market ◽  
Stable Development ◽  
Financial Environment

Growing involvement of Russian economy in international economic sphere increases the role of external risks. Financial problems which the developed countries are encountered with today result in volatility of Russian stock market, liquidity problems for banks, unstable prices. These factors in total may put longer-term prospects of economic growth in jeopardy. Monetary, foreign exchange and stock market mechanisms become the centerpiece of economic policy approaches which should provide for stable development in the shaky environment.

Sign in / Sign up

Export Citation Format

Share Document