Economy – Quantitative Finance – Statistical Finance
Scientific paper
2007-07-03
Economy
Quantitative Finance
Statistical Finance
8 pages, 5 figures
Scientific paper
10.1088/1367-2630/10/4/043019
The understanding of complex social or economic systems is an important scientific challenge. Here we present a comprehensive study of the Spanish Stock Exchange showing that most financial firms trading in that market are characterized by a resulting strategy and can be classified in groups of firms with different specialization. Few large firms overally act as trending firms whereas many heterogeneous firm act as reversing firms. The herding properties of these two groups are markedly different and consistently observed over a four-year period of trading.
Lillo Fabrizio
Mantegna Rosario Nunzio
Moro Esteban
Vaglica Gabriella
No associations
LandOfFree
Specialization of strategies and herding behavior of trading firms in a financial market does not yet have a rating. At this time, there are no reviews or comments for this scientific paper.
If you have personal experience with Specialization of strategies and herding behavior of trading firms in a financial market, we encourage you to share that experience with our LandOfFree.com community. Your opinion is very important and Specialization of strategies and herding behavior of trading firms in a financial market will most certainly appreciate the feedback.
Profile ID: LFWR-SCP-O-179223