Does Decimalization Harm or Help Institutional Investors?
“Decimalization” – the pricing of stocks in dollars and cents instead of fractions – lauded by proponents to be a good thing for investors when it was adopted by the U.S. stock markets in early 2001, is under fire. Critics say it costs institutional investors big. But in a study co-authored by Venkatesh Panchapagesan, assistant professor of finance at Olin, direct institutional trading costs appear … [ Read more ]
Content: Article | Author: Venkatesh Panchapagesan | Source: Discovery@Olin | Subject: Finance | Industry: Finance / Banking
Regulatory Challenges Facing U.S. Equity Markets
The issues that confront the SEC and the U.S. equity markets are highly complex. While the SEC has not set a timetable to resolve these issues, it is clear that speedy resolution is imperative for the survival of many markets.
Content: Article | Author: Venkatesh Panchapagesan | Source: Discovery@Olin | Subjects: Finance, Industry Specific | Industry: Finance / Banking