Please use this identifier to cite or link to this item: https://hdl.handle.net/10356/8946
Title: Impact of exchange traded funds on the liquidity of underlying stocks : evidence from Singapore.
Authors: Chang, Yeong Kiat.
Lee, Ivan Chin Yong.
Teo, Sok Kian.
Keywords: DRNTU::Business::Finance::Investments
Issue Date: 2003
Abstract: This research investigates empirically the liquidity effects of the introduction of Exchange Traded Funds (ETFs) on the underlying stocks. Using evidence from the Singapore market, we find the listing of StreetTRACKSSM Straits Times Index Fund (STI ETF 100) causes a reduction in the liquidity of the underlying component securities.
URI: http://hdl.handle.net/10356/8946
Rights: Nanyang Technological University
Fulltext Permission: restricted
Fulltext Availability: With Fulltext
Appears in Collections:NBS Student Reports (FYP/IA/PA/PI)

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