The market reaction speeds to the news flow are currently measured at the millisecond level
in developed markets. We investigate, using a unique setting from Turkey, whether the …

The purpose of this paper is to introduce the R package PINstimation. The package is
designed for fast and accurate estimation of the probability of informed trading models …

It is well documented that computational problems may lead to large biases in the estimation
of probability of informed trading (PIN) models. While effective remedial solutions have been …

The estimation of the probability of informed trading (PIN) model and its extensions poses
significant challenges owing to various computational problems. To address these issues …

The level of information asymmetry in financial markets significantly influences market
structure, stock prices, and investment risk. In addition, optimal policy design, particularly the …

The multilayer probability of informed trading (MPIN) model, developed by Ersan (2016),
relaxes the assumption of a single type of information events-required in the original PIN …

The level of information asymmetry in financial markets significantly influences market
structure, stock prices, and investment risk. In addition, optimal policy design, particularly the …

The Probability of Informed Trading (PIN) is one of the important measures of market
microstructure that is generally used to estimate the level of information asymmetry …

احتمال معاملات آگاهانه (PIN)، یکی از معیارهای مهم ریزساختار بازار است که عموماً برای سنجش سطح
عدم تقارن اطلاعات استفاده می‌شود. برآورد PIN به دلیل راه‌حل‌های مرزی، حداکثر محلی و استثناهای …‎