Internal Transactions for Multiple Risky Assets - Open Journal of Statistics

OJS > Vol.9 No.1, February 2019

Internal Transactions for Multiple Risky Assets ()

HTML XML

Download as PDF (Size: 385KB) PP. 85-99

DOI: 10.4236/ojs.2019.91008 691 Downloads 1,336 Views

Author(s)

Qiong Zhang¹, Shuang Chen²

Affiliation(s)

¹School of Science, Hebei University of Technology, Tianjin, China.
²School of Science, Beijing Institute of Petrochemical Technology, Beijing, China.

ABSTRACT

Most of the articles about insider trading assume that there is only one risky asset in the market. On the basis of these papers, this thesis is mainly divided into three parts to study the situation of multiple risky assets in the market. In the first part, the situation of multiple risky assets in the market when two transactions are in progress is studied and then, the equilibrium when the market requires the internal traders to disclose the trading volume after each transaction is analyzed. In the second part, the equilibrium of multi-period based on the two phases of transaction is derived. The third part is the summary of the paper.

KEYWORDS

Insider Trading, Multiple, Risky Assets, Multi-Period, Noise Trader

Share and Cite:

Zhang, Q. and Chen, S. (2019) Internal Transactions for Multiple Risky Assets. Open Journal of Statistics, 9, 85-99. doi: 10.4236/ojs.2019.91008.

Journals Menu