What determines the location of equity trading? Evidence from stocks cross-listed in various markets
We analyse the distribution of foreign trading volume of European stocks cross-listed on various stock exchanges and examine the factors that affect the distribution. We focus on the role of two sets of determinants: the stock exchange characteristics and the stock-specific factors. We find that a s...
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| Format: | Others |
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University of New South Wales,
2011-12-12T01:12:17Z.
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| Online Access: | Get fulltext |