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Can politicians do intraday trading? 

High-frequency trading
Volatility (finance)
Electronic trading
Market liquidity
Stock exchange

Answers from top 9 papers

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Papers (9)Insight
Open access•Journal Article•DOI
Moral Concerns on Tradable Pollution Permits in International Environmental Agreements
Johan Eyckmans, Snorre Kverndokk 
01 Jun 2009-Social Science Research Network
23 Citations
Politicians may feel reluctant to allow permit trading and/or may prefer that abatement is undertaken domestically due to moral concerns.
Journal Article•DOI
Are Intraday Volume and Volatility U-Shaped After Accounting for Public Information?
James Eaves, Jeffrey C. Williams 
01 Jan 2010-American Journal of Agricultural Economics
24 Citations
Thus, the timing of privately informed traders cannot be the source of intraday patterns.
Journal Article•DOI
The Intraday Pattern of Information Asymmetry, Spread, and Depth: Evidence from the NYSE†
George F. Tannous, Juan Wang, Craig Wilson 
01 Jun 2013-International Review of Finance
20 Citations
Studies suggest that investment flows, liquidity imbalances, and institutional trading may create intraday trading patterns and opportunities for investors to time their trades to reduce transaction costs.
Open access•Journal Article•DOI
An Empirical Analysis of Strategic Behaviour Models
Carole Comerton-Forde, Michael A. O'Brien, P. Joakim Westerholm 
01 Jan 2005-Social Science Research Network
10 Citations
The results illustrate that a significant proportion of intraday patterns can be explained by strategic trading by informed and liquidity traders.
Journal Article•DOI
Intraday patterns in London listed Exchange Traded Funds
Patricia L. Chelley-Steeley, Keebong Park 
01 Oct 2011-International Review of Financial Analysis
18 Citations
One possible explanation for intraday trading patterns is that concentration of trading arises at the start of the trading day because informed traders have private information that quickly diminishes in value as trading progresses.
Proceedings Article•DOI
Distributed Balancing of Wind Power Forecast Deviations by Intraday Trading and Internal Ex-ante Self-Balancing -- A Modelling Approach
Richard Scharff, Mikael Amelin 
26 Aug 2013
5 Citations
However, it can result in increased costs if the possibilities to trade on the intraday market are very limited.
Journal Article•DOI
Shirking and sorting in a political market with finite-lived politicians
John R. LottJr., W. Robert Reed 
01 Apr 1989-Public Choice
104 Citations
Political markets eventually sort out those politicians with significantly deviant policy preferences, potentially providing a solution to the last period problem and enabling politicians to make credible commitments.
Journal Article
Political Relations and Overseas Stock Exchange Listing: Evidence from Chinese State-owned Enterprises
Mingyi Hung, T.J. Wong, Tianyu Zhang 
16 May 2008
51 Citations
Taken together, the evidence shows that in overseas listing, politicians are trading off consumption of private benefits for the pursuit of national economic and political agendas.
Open access•Posted Content
Execution Costs and Their Intraday Variation in Futures Markets
Michael F. Ferguson, Steven Mann 
01 Feb 2001-Social Science Research Network
41 Citations
The evidence suggests that market transparency and market maker obligations are important determinants of intraday variation in trading costs.

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