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Titlebook: Reform and Price Discovery at the Tokyo Stock Exchange: From 1990 to 2012; Keiichi Kubota,Hitoshi Takehara Book 2015 The Author(s) 2015 ac

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发表于 2025-3-21 18:05:53 | 显示全部楼层 |阅读模式
书目名称Reform and Price Discovery at the Tokyo Stock Exchange: From 1990 to 2012
编辑Keiichi Kubota,Hitoshi Takehara
视频video
图书封面Titlebook: Reform and Price Discovery at the Tokyo Stock Exchange: From 1990 to 2012;  Keiichi Kubota,Hitoshi Takehara Book 2015 The Author(s) 2015 ac
描述In the last two decades the Tokyo Stock Exchange implemented several important reforms in regulations, market trading mechanisms, and IT trading systems. In this book we analyze the impact of the evolution of the Tokyo Stock Exchange (TSE), at the same time discussing reforms in stock trading by related accounting standards and legal regulations. With daily stock return and market microstructure data, we analyze how these reforms have significantly influenced the pricing structure and price discovery process of traded stocks, as well as the trading style of institutional investors, individual investors, and high frequency traders.The research methodology we employ is primarily standard market microstructure tests as well as methods used in conventional empirical financial economics. We simultaneously use the most relevant concepts in these fields for our empirical tests and provide a comprehensive picture of trading, price discovery, pricing structure, and public vs. private information dissemination.
出版日期Book 2015
关键词accounting; deregulation; discovery; financial market; financial markets; information; reforms; regulation;
版次1
doihttps://doi.org/10.1057/9781137540393
isbn_ebook978-1-137-54039-3
copyrightThe Author(s) 2015
The information of publication is updating

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https://doi.org/10.1057/9781137540393accounting; deregulation; discovery; financial market; financial markets; information; reforms; regulation;
发表于 2025-3-22 07:57:11 | 显示全部楼层
Introduction to the Trading System at the Tokyo Stock Exchange, orders to the TSE and outline how these orders are executed. We also explained the arrowhead trading system, implemented January 2010; by reading our example of the market clearing process, readers should become familiar with TSE trading systems. Then we summarize relevant financial characteristics of the firms listed on both sections of the TSE.
发表于 2025-3-22 11:46:23 | 显示全部楼层
age”. Each era is covered by a dedicated chapter that describes three key innovations that were either definitely invented by a woman or can be plausibly attributed to a female inventor. The book’s focus on female inventors also serves to highlight some of the ways women have been treated in societ
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Keiichi Kubota,Hitoshi Takeharavent not only to innate melancholy but to a more general apprehension that unnatural custodial calm prevailed under Laudian rule.. In 1641, the Little Gidding community would, as he had foreboded, suffer alongside Crashaw when the Parliamentarians ‘offered violence to the Family & House’ and spread
发表于 2025-3-22 21:38:04 | 显示全部楼层
Keiichi Kubota,Hitoshi Takeharaevelopment which stretches from the time that he took up residence at Peterhouse in 1635 until his flight from the advancing Parliamentarian army in 1643. It was a long, rapturous interlude in which Crashaw became known as ‘the chaplaine of the virgine myld’; in harsh retrospect, it must have seemed
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