This study sketches how crypto speculators place their bets and investigates the impact of
speculative behavior on cryptocurrency pricing. We conjecture that investors favor …

This study investigates whether religious-based trading practices impede market
development. As a natural experiment, we use data from the Gulf Cooperation Council …

This article critiques models of market risk (ARMA, GARCH, ARCH, EVT, VAR, Stochastic-
Volatility, etc.). The existing metrics for quantifying risk such as standard deviation …

This article builds on prior work done in [M. Nwogugu, Towards multifactor models of
decision making and risk: a critique of prospect theory and related approaches, part one …

Motivated by the growing importance of research on blockchain applications, this paper
conceptualizes the potential impact of blockchain enabled asset tokenization. Asset …

This paper offers a systematic review of the empirical literature on the implications of tick
size changes for exchanges. Our focus is twofold: first, we are concerned with the market …

This paper provides an analysis of the equity-market effects of a substantial increase in
individual shareholder participation in the market for a firm. The data are based on …

A simulation of high-frequency market data is performed with the Genoa Artificial Stock
Market. Heterogeneous agents trade a risky asset in exchange for cash. Agents have zero …

We study tick-by-tick financial returns for the FTSE MIB index of the Italian Stock Exchange
(Borsa Italiana). We confirm previously detected non-stationarities. Scaling properties …

We study options market participants' trading behaviour before and after the options
multiplier increases. After the options multiplier increases, the options market becomes more …