Price discovery : evidence from stock cross-listed on NASDAQ and SGX

This study investigates the price discovery process between NASDAQ and SGX, attempting to establish the non-existence of a dominant-satellite relationship between both markets. This justifies the decision of Creative Technology Ltd to delist from NASDAQ. In addition, availability of arbitrage oppor...

全面介绍

书目详细资料
Main Authors: Ang, Chiew Peng, Lee, Shihua, Tay, Beng Lee
其他作者: Charoenwong, Charlie
格式: Final Year Project (FYP)
出版: 2008
主题:
在线阅读:http://hdl.handle.net/10356/9289
实物特征
总结:This study investigates the price discovery process between NASDAQ and SGX, attempting to establish the non-existence of a dominant-satellite relationship between both markets. This justifies the decision of Creative Technology Ltd to delist from NASDAQ. In addition, availability of arbitrage opportunities is investigated to ascertain the level of market integration.