), • Domestic mutual funds (M) • Foreign investors (F) • The sample period of our study is between 2002 and 2008. Measurement • There are three measures which we will use to gauge imbalance: 1. Order volume 2

Projected Quantity = 159,100 Projected Quantity = 190,400 Imbalance = +8,300 Imbalance = -6,400 Call Auction Market Mechanism 5 Projected Price Variables During the Call Markets • Order submission • Order

and international economic situation, political situation, household debts as well as demand-supply imbalance. In Q2/2019, the LTV (Loan to Value) measures are enforced. Business operators thus need to

size of orders submitted to a market for each security. abs_imbalance The absolute imbalance of buy and sell orders over the day, expressed as a percentage of turnover, for each security These results

, the SEC deems it necessary for the audit firms to be self-reliant, which always starts with an adequate supply of competent audit staff who possess thorough understanding of both accounting and auditing