Can time difference deter arbitrage opportunities?
The study examines the possibility of arbitrage profits among 40 cross-listed Asia-Pacific stocks traded both on their home exchanges and the New York Stock Exchange in the form of American Depositary Receipts without overlapping trading hours. We propose a statistical method categorizing the examin...
| Main Authors: | , , |
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| Format: | Journal Article |
| Published: |
Palgrave Macmillan Journals
2013
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| Subjects: | |
| Online Access: | http://hdl.handle.net/20.500.11937/16998 |