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Journal of Financial and Quantitative Analysis Vol. 8 No. 3 1973

Odd-Lot Trading in the Stock Market and Its Market Impact: A Comment

Richard A. Stevenson

Abstract

Professor Wu, in his recent article [8], investigated the trading activities of odd-lotters and their market impact. The purpose of this note is to update the data examined by Wu since recent trends are extremely significant and to question the use and interpretation of some of Wu's original data. In addition, some errors in Wu's article will be discussed.

DOI
10.2307/2329651
Volume
8
Issue
3
Pages
527
Sources
crossref openalex

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