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The Weekend Effect: Trading Patterns of Individual and Institutional Investors

The Weekend Effect: Trading Patterns of Individual and Institutional Investors ABSTRACT In this paper, we document regularities in trading patterns of individual and institutional investors related to the day of the week. We find a relative increase in trading activity by individuals on Mondays. In addition, there is a tendency for individuals to increase the number of sell transactions relative to buy transactions, which might explain at least part of the weekend effect. http://www.deepdyve.com/assets/images/DeepDyve-Logo-lg.png The Journal of Finance Wiley

The Weekend Effect: Trading Patterns of Individual and Institutional Investors

The Journal of Finance , Volume 45 (1) – Mar 1, 1990

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References (19)

Publisher
Wiley
Copyright
1990 The American Finance Association
ISSN
0022-1082
eISSN
1540-6261
DOI
10.1111/j.1540-6261.1990.tb05089.x
Publisher site
See Article on Publisher Site

Abstract

ABSTRACT In this paper, we document regularities in trading patterns of individual and institutional investors related to the day of the week. We find a relative increase in trading activity by individuals on Mondays. In addition, there is a tendency for individuals to increase the number of sell transactions relative to buy transactions, which might explain at least part of the weekend effect.

Journal

The Journal of FinanceWiley

Published: Mar 1, 1990

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