Motivation • The measurement of asset value is arguably continuous, but trades can only occur at discrete prices. • Would the changes in tick sizes affect trading behavior of different investors? Motivation

inspection to evaluate its compliance with its policies and procedures? – Monitoring Process If yes, please specify 1) Who perform such function e.g. in-house, outsource, network firm? 2) How often the firm

, the SEC found that the audit firms did not seem to evaluate 11 whether there were any threats to independence or any conflicts of interest before issuing engagement letters to clients. Beyond

rendered continuous support to Thai audit firms that were not affiliated with the Big-4 firms (“local firms”) and audited the financial statements of listed companies, to enhance their strength. In doing so

the sample selection method for an inventory physical count observation. He also did not evaluate the inventory physical count plan and the method management used to record and control the inventory

investment management system. This includes providing a communication channel that facilitates notifying and clarifying information to clients in case of major changes to service provision.“After continuous

Questionnaire A Monitoring the Firm’s Quality Management Policies and Procedures Firm's Reference /Guidance Notes Description A1 Does the whole firm perform inspection to evaluate its compliance with

indicated continuous improvements. For 2014, the SEC focused on resource planning, career development policies of audit personnel, performance evaluation, and follow-up processes for audit personnel’s

financial advisory firm to re-evaluate the fair value of such investments with the use of the income-based approach and the discounted cash flow and Black-Scholes option pricing model. Based on the selection

matching status • Order cancellation • Projected price & quantity • Imbalance (Buys – Sells) • Reversals Continuous Market Starts • Spreads • Market depths • Realized volatility • Weighted price contribution