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
found trading causes negative returns, yet investors continue to enter these bets. Excess trading is not the result of the same investors placing more trades, but new traders entering markets and
. (ESMA, 2016) • Traders that hold inventory overnight are more likely to benefit institutional investors by providing more sustained liquidity. (Putnins and Barbara, 2020) High activities Low activities
the management company to increasingly distribute investment units to investors and supporting investors to access more various investment channels, shall be conforming to the rules under Clause 6/1; (3
units to investors and supporting investors to access more various investment channels, shall be conforming to the rules under Clause 6/1; (3) in case of investment units having been sold in a foreign
● Development of Debt Instrument Secondary Market Expansion of Investor Base and Distribution Channels for Investors and Promotion of Investment Culture ● Additional Mutual Fund Management Licenses in the Thai
efforts to enhance the roles and competitiveness of Thailand’s securities market in the global arena as well as its accessibility by both issuers and investors. It has also laid out measures to eliminate
crypto traders (particularly high-risk individuals) take more risk after losses (particularly during downturn) Thai crypto (low-risk) individuals take more risk after paper losses, and less risk after
alternative for investors and fund raisers with an efficient mechanism for investor empowerment and, in its capacity as a firm and fair regulator, assure integrity of the marketplace, intermediaries and