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"Die Presse" reports on Palan's insider trading research

posted Jul 24, 2017, 12:54 AM by Stefan Palan
"Die Presse", one of Austria's leading daily newspapers, recently published an article on research conducted by platform member Stefan Palan and his co-author Thomas Stöckl. Palan and Stöckl investigated the effect of insider trading legislation on market efficiency and on informed and uninformed traders' profits. The findings show that forbidding insider trading reduces the informational efficiency of markets and does not benefit uninformed traders' profits. Palan and Stöckl's work is currently a
forthcoming paper in Journal of Financial Markets.

The German-language article in "Die Presse" is titled "Der Börse sind Paragraphen egal" and can be viewed on the newspaper's website.