Purpose The purpose of this paper is to comprehensively review a large and heterogeneous
body of academic literature on investors' feedback trading, one of the most popular trading …

We use a two-year panel of individual accounts in an S&P 500 index mutual fund to examine
the trading and investment behavior of more than 91,000 investors who have chosen a low …

Springer Finance is a programme of books addressing students, academics and
practitioners working on increasingly technical approaches to the analysis of financial …

This paper is part of a larger research program pertaining to the role of derivatives during
financial crisis and also part of the research pertaining to the causes of the Asian financial …

We investigate the presence of feedback trading in 66 currencies for the 2001–2018 period
and find that feedback traders are active in many of them, giving rise mostly to positive …

One major property of the stock exchange upheld by most economists is the capacity to
ensure a liquid investment market. The strong appeal of a liquid investment market cannot …

This paper examines the pattern of autocorrelation of exchange rates in the EU, ASEAN, and
NAFTA. We find no feedback trading within blocks among developed financial markets' …

Purpose–The purpose of this paper is to examine positive‐feedback (PF) behavior and its
relationship to momentum profitability and information uncertainty. Design/methodology …

A price barrier is a price level at which a large number of investors either buy or sell
securities. We analyze the dynamics of asset prices in an economy in which price barriers …

Abstract Motivated by Choe, Kho, and Stulz (1999)(CKS), this paper reexamines whether
foreign investors destabilize the Korean stock markets during the 2008 global financial …