Publications
Publications
Show Results For
-
All HBS Web
(13)
- Faculty Publications (1)
Page 1 of
1
Result
- December 2019
- Article
Brokers and Order Flow Leakage: Evidence from Fire Sales
By: Andrea Barbon, Marco Di Maggio, Francesco Franzoni and Augustin Landier
Using trade-level data, we study whether brokers play a role in spreading order flow information. We focus on large portfolio liquidations, which result in temporary drops in stock prices, and identify the brokers that intermediate these trades. We show that these...
View Details
Keywords:
Predatory Trading;
Back Running;
Fire Sales;
Brokers;
Stocks;
Price;
Information;
Knowledge Dissemination;
Ethics