impact asymmetry between buy and sell trades • Hypotheses • Data and Methodology • Empirical Findings • Conclusion Background on Price Impact Asymmetry • Empirical findings of permanent price impact
asymmetry of permanent and temporary price impact between buy trades and sell trades is determined primarily by market conditions. Specifically, contrary to the findings in previous studies, the results show
The Derivatives Act The Derivatives Act B.E. 2546 SECTION 18. In order to protect customers, maintain stability of the financial system or control the risks arising from derivatives, the SEC shall
Section 91 Securities and Exchange Act B.E. 2535 Section 91. Where it is necessary to maintain the economic and financial stability of the country, or to protect the public interest, the Minister
program and offering of new shares to the public by the private sector. Mechanism for investors to protect themselves were also much enhanced with the introduction of the dispute settlement through
Thailand between 2003 and 2007. 2. Mr. Sathit Limpongpan Permanent Secretary for Finance Ex-officio member He graduated with a Bachelor of Laws from Thammasat University, Thailand, a Barrister-at-Law of Thai
M.R. Pridiyathorn Devakula Governor Bank of Thailand Commission Member Mr. Somchainuk Engtrakul Permanent Secretary Ministry of Finance Commission Member Mr. Karun Kittisataporn Permanent Secretary
to others. these rights protect shareholders from dilution of value and control when new shares are issued. Shareholder agreement: An agreement between shareholders on the administration of the company
capital market and the execution of transactions related to the capital market are efficient, transparent and protect investors’ interest, and to accommodate changes in the capital market and the
anonyme ("Clearstream, Luxembourg"). Interests in the Temporary Global Note in respect of a Series will be exchangeable for interests in a permanent global note for such Series (the "Permanent Global Note