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Journal of Finance Vol. 45 No. 1 1990

The Weekend Effect: Trading Patterns of Individual and Institutional Investors.

Josef Lakonishok; Edwin Maberly

Abstract

In this paper, the authors document regularities in trading patterns of individual and institutional investors related to the day of the week. They 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.

Volume
45
Issue
1
Pages
231-43
Sources
bibtex:phds-export.bib

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