Trade transparency and internal efficiency of a stock market: A research study of the nairobi stock exchange.

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ABSTRACT

The issue of trade transparency has been and is still at the centre of a heated debate among the stake holders of different security markets. The proponents of increased trade transparency argue that it improves on the internal efficiency of a market, whereas opponents of increased transparency argue that it has a detrimental effect on the internal efficiency of a market. This study empirically examined this topic using transaction data from the Nairobi stock exchange before and after an increase in trade transparency. The study finds that Contrary to wide spread beliefs; trade transparency has no effect on the internal efficiency of a market. 

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APA

JOSEPH, A (2021). Trade transparency and internal efficiency of a stock market: A research study of the nairobi stock exchange.. Afribary. Retrieved from https://afribary.com/works/trade-transparency-and-internal-efficiency-of-a-stock-market-a-research-study-of-the-nairobi-stock-exchange

MLA 8th

JOSEPH, AINEBYOONA "Trade transparency and internal efficiency of a stock market: A research study of the nairobi stock exchange." Afribary. Afribary, 11 Jun. 2021, https://afribary.com/works/trade-transparency-and-internal-efficiency-of-a-stock-market-a-research-study-of-the-nairobi-stock-exchange. Accessed 19 Sep. 2021.

MLA7

JOSEPH, AINEBYOONA . "Trade transparency and internal efficiency of a stock market: A research study of the nairobi stock exchange.". Afribary, Afribary, 11 Jun. 2021. Web. 19 Sep. 2021. < https://afribary.com/works/trade-transparency-and-internal-efficiency-of-a-stock-market-a-research-study-of-the-nairobi-stock-exchange >.

Chicago

JOSEPH, AINEBYOONA . "Trade transparency and internal efficiency of a stock market: A research study of the nairobi stock exchange." Afribary (2021). Accessed September 19, 2021. https://afribary.com/works/trade-transparency-and-internal-efficiency-of-a-stock-market-a-research-study-of-the-nairobi-stock-exchange