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commonality

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Liquidity Commonality and Return Co-Movement
This paper shows that liquidity commonality is due to co-movements in supply and demand induced by cross-sectional correlation in order types market and limit orders, while return commonality is caused by correlation in order flows order direction and size. Since return and liquidity commonality are caused by different economic forces,...
Tags: Investment, Asset management, liquidity, commonality, asset pricing, asset
White papers 2005-03-01

Additional Resources

The Great Atlantic & Pacific Tea Company Announces Cash Settlement
FOOD AND BEVERAGE CLOSE-UP-8 June 2009-The Great Atlantic & Pacific Tea Company Announces Cash SettlementC2008 - CloseUpMedia - newsdesk@closeupmedia.com The Great Atlantic & Pacific Tea Company announced it settled in cash totaling $45.7 million, the 4,657,378 Series A Warrants, issued in connection with the acquisition of Pathmark. ...
Articles 2009-06-08
Used guns: such a deal
[ILLUSTRATION OMITTED] If it wasn't for used guns, I would hardly have any guns at all. It's funny though, some people avoid used guns like I do rattlesnakes. A friend recently related an incident he experienced at a little party. The host showed him a couple of handguns,...
Articles 2008-08-01
The Nagant sporter: an odd, but effective target revolver
[ILLUSTRATIONS OMITTED] If a prize was being awarded to the most bizarre, but successful, service revolver issued in quantity, I would unhesitatingly cast my vote for the Russian Nagant. How this handful of complex, moving parts was selected to replace Russia's stunning Smith & Wesson Model 3's in...
Articles 2008-08-01
Braves' staff was the stuff of legends
THE CORE OF ATLANTA'S ROTATION FROM 1993-2002 WERE. STILL MAKING CONTRIBUTIONS TO their clubs in 2008. John Smoltz recorded his 3,000th strikeout, all of them with Atlanta; Greg Maddux became the ninth pitcher to notch 350 career wins, and Tom Glavine's 305 victories were fourth all time among left-handers. During...
Articles 2008-08-01
Proper training and preparation key to off-highway vehicle safety
Riding safely and using common sense is the responsibility of all off-highway vehicle users, the Division of Utah State Parks and Recreation says. Riders should be properly trained and prepared. The division urges parents to enroll children in its "Know Before You Go!" training course, which is...
Articles 2008-07-17
Sixty Tories claim Pounds 40,000 each to employ relatives
More than 60 Tory MPs are paying up to 40,000 to family members employed in their offices at the taxpayers' expense, it emerged yesterday. Laurence Robertson, the MP for Tewkesbury and shadow Northern Ireland minister, declares that he pays his estranged wife Susan and his current partner,...
Articles 2008-07-17
Still seeking a distinctive voice
LEADING ARTICLE THE LIBERAL DEMOCRATS S even months ago, the Liberal Democrats chose Nick Clegg to lead them because he is the sort of personable, sensible man you would not mind meeting in a pub. The elder statesman's gravitas of his predecessor, Sir...
Articles 2008-07-17
The Hidden Cost of File Fragmentation
Most system administrators are aware of file fragmentation-the fact that modern operating systems, in order to better utilize disk space, save files in fragments. They are probably also aware of the fact that, unchallenged, file fragmentation can considerably slow performance. What they may not know is just how insidious file...
Articles 2008-07-17
Silver Standard Resources Inc.: Sale of Shafter Silver Project to Aurcana Closes
Silver Standard Resources Inc. (TSX: SSO)(NASDAQ: SSRI) is pleased to report the closing of the sale of the Shafter silver project in Presidio County, Texas, to Aurcana Corporation (TSX VENTURE: AUN). Under the terms of the sale agreement, Aurcana has paid the company a total consideration of $42.6 million consisting...
Articles 2008-07-17
Symantec Products Earn Common Criteria EAL2+ Certification
Symantec Corp. (NASDAQ: SYMC) today announcedthat Symantec Endpoint Protection 11.0 and Symantec Network Access Control 11.0 have beenawarded Common Criteria Evaluation Assurance Level 2 augmented withALC_FLR.2 and AVA_MSU.1 (EAL2+) certification. This certification assurescustomers that Symantec Endpoint Protection and Symantec Network AccessControl have gone through a rigorous...
Articles 2008-07-17
Big Apple Worldwide Reduces Authorized Shares
Big Apple Worldwide, Inc. (PINKSHEETS: BPWI)is pleased to announce that its Board of Directors has approved a reductionof the Company's authorized common stock to 950 million shares. The purposeof the reduction is to aid the Company in its objective to increase theshare price in concert with its current business plan...
Articles 2008-07-17
Government disputes order to pay billions to Equitable policyholders
Ann Abraham, the Parliamentary Ombudsman, will order the Government to apologise and pay billions of pounds in compensation to the thousands of policyholders who lost out due to the collapse of Equitable Life, accusing both the current and previous governments of presiding over a "decade of regulatory failure". ...
Articles 2008-07-17
Critical Outcome Technologies Inc. Announces the Issuance of Stock Options
Critical Outcome Technologies Inc. (TSX VENTURE: COT) announced today that the Board of Directors approved the granting of 100,000 stock options to a senior manager of the Company at its Board meeting of July 16, 2008 under the Company's Stock Option Plan. The options have a life of five years...
Articles 2008-07-17
Erdene Announces Reverse Takeover of Beta Minerals Inc.
Erdene Resource Development Corp. ("Erdene") (TSX: ERD) today announced it has entered into a binding letter agreement (the "Agreement") with Beta Minerals Inc. ("Beta") (TSX VENTURE: BMI) and Deepstep Kaolin Company LLC ("Deepstep") whereby Erdene will exchange all of the outstanding common shares of its wholly owned US subsidiary, Erdene...
Articles 2008-07-17
Lobbyist thrives on entertaining lawmakers
How would you like to eat a meal with a Utah legislator two days out of every three? And that would be when the 104 part-time lawmakers are not in their 45-day general session. When lawmakers are on Capitol Hill, you would be seeing them eight, 10,...
Articles 2008-07-17
Miller names son as CEO of his empire
SANDY -- Larry H. Miller has promoted his oldest son to be chief executive officer of his car dealerships, movie theaters, sports venues and the Utah Jazz. Greg Miller, 42, will run the Larry H. Miller Group of Companies with the assistance of a newly created board...
Articles 2008-07-17
Prairie du Chien circles back on roundabouts
Prairie du Chien's roundabout proponents see a chance to overcome the mayor's veto of the projects, but that doesn't mean the traffic structures will be built. The Common Council on Tuesday chose not to respond to Mayor Karl Steiner's rejection of the roundabouts, but council President David...
Articles 2008-07-17
Enterprise Bancorp, Inc. Announces Third Quarter Dividend
LOWELL, Mass. -- Enterprise Bancorp, Inc. (the "company") (NASDAQ:EBTC) On July 15, 2008, the Board of Directors of Enterprise Bancorp, Inc. declared a quarterly dividend of $0.09 per share to be paid on September 2, 2008 to shareholders of record as of August 12, 2008. The quarterly dividend...
Articles 2008-07-16
MPVC Inc. Announces Closing of Financing
MPVC Inc. (TSX VENTURE: OCI) (the "Company") is pleased to announce that it has closed a non-brokered private placements offering (the "Offering") to three (3) arm's length subscribers for aggregate gross proceeds of $125,000. The Offering was for an aggregate of 1,250,000 common shares in the capital of the Company...
Articles 2008-07-16
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