We study the impact of algorithmic trading (AT) in the foreign exchange market using a long
time series of high‐frequency data that identify computer‐generated trading activity. We find …

This paper examines the extent to which individual investors provide liquidity to the stock
market and whether they are compensated for doing so. We show that the ability of …

Using comprehensive account-level data, we separate Chinese retail investors into 5 groups
and document strong heterogeneity in trading dynamics and performances. Retail investors …

Using comprehensive account-level data from 2016 to 2019, we examine retail investor
trading behavior in the Chinese stock market. We separate millions of retail investors into …

There is a strong inverse relation between insider trading and institutional demand the same
quarter and over the previous year. Our analysis suggests a combination of factors …

By analyzing the dynamic behavior of institutional and retail investors in the Indonesia Stock
Exchange using their completed transactions (comprising over 250 million observations) …

We study momentum and contrarian trading of foreign and local institutions as well as local
individuals using a unique ownership dataset from the Australian stock market. We find that …

We provide evidence that the impact of the investment horizon of institutional investors on
the credit risk of US industrial firms is both statistically and economically significant. Ceteris …

Using complete semi-annual stock holdings of seven different types of institutional investors
including public mutual funds, insurance companies, social security funds, qualified foreign …

This study uncovers how household investors intensify the effect of the 52-week high
(52WH): increased volume and momentum-like returns at the 52WH price. Using daily …