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https://hdl.handle.net/20.500.11851/1096
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DC Field | Value | Language |
---|---|---|
dc.contributor.author | İmişiker, Serkan | - |
dc.contributor.author | Özcan, Rasim | - |
dc.contributor.author | Taş, Bedri Kamil Onur | - |
dc.date.accessioned | 2019-05-23T05:53:20Z | |
dc.date.available | 2019-05-23T05:53:20Z | |
dc.date.issued | 2015-08 | |
dc.identifier.citation | İmişiker, S., Özcan, R., & Taş, B. K. O. (2015). Price manipulation by intermediaries. Emerging Markets Finance and Trade, 51(4), 788-797. | en_US |
dc.identifier.issn | 1540-496X | |
dc.identifier.other | number of pages 10 | |
dc.identifier.uri | https://doi.org/10.1080/1540496X.2015.1046349 | - |
dc.identifier.uri | https://hdl.handle.net/20.500.11851/1096 | - |
dc.description.abstract | In this study, we investigate two main research questions using unique individual trade level data from the Istanbul Stock Exchange (ISE; renamed Borsa Istanbul in January 2013): (1) Do brokers conduct manipulative trades in the ISE? (2) Do these brokers gain returns from their manipulative behavior? We examine the trade-based pump-and-dump price manipulation scheme. Using the complete intraday trading history of stocks listed on the ISE over the 2003-6 period, we find that a significant percent of the trades conducted by brokers can be identified as consistent with the pump-and-dump price manipulation scheme, and brokers that conduct more pump-and-dump trades earn marginally higher profits. | en_US |
dc.language.iso | en | en_US |
dc.publisher | Routledge Journals, Taylor & Francis Ltd | en_US |
dc.relation.ispartof | Emerging Markets Finance And Trade | en_US |
dc.rights | info:eu-repo/semantics/closedAccess | en_US |
dc.subject | market structure | en_US |
dc.subject | trade-based manipulation | en_US |
dc.subject | broker behavior | en_US |
dc.title | Price Manipulation by Intermediaries | en_US |
dc.type | Article | en_US |
dc.department | Faculties, Faculty of Economics and Administrative Sciences, Department of Economics | en_US |
dc.department | Fakülteler, İktisadi ve İdari Bilimler Fakültesi, İktisat Bölümü | tr_TR |
dc.identifier.volume | 51 | |
dc.identifier.issue | 4 | |
dc.identifier.startpage | 788 | |
dc.identifier.endpage | 797 | |
dc.authorid | 0000-0001-5418-777X | - |
dc.identifier.wos | WOS:000357296500009 | en_US |
dc.identifier.scopus | 2-s2.0-84943398959 | en_US |
dc.institutionauthor | Taş, Bedri Kamil Onur | - |
dc.identifier.doi | 10.1080/1540496X.2015.1046349 | - |
dc.relation.publicationcategory | Makale - Uluslararası Hakemli Dergi - Kurum Öğretim Elemanı | en_US |
dc.identifier.scopusquality | Q2 | - |
item.openairetype | Article | - |
item.languageiso639-1 | en | - |
item.grantfulltext | none | - |
item.fulltext | No Fulltext | - |
item.openairecristype | http://purl.org/coar/resource_type/c_18cf | - |
item.cerifentitytype | Publications | - |
crisitem.author.dept | 04.01. Department of Economics | - |
Appears in Collections: | İktisat Bölümü / Department of Economics Scopus İndeksli Yayınlar Koleksiyonu / Scopus Indexed Publications Collection WoS İndeksli Yayınlar Koleksiyonu / WoS Indexed Publications Collection |
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