Journal of Finance Vol. 45 No. 1 1990
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.
- DOI
- 10.1111/j.1540-6261.1990.tb05089.x
- Volume
- 45
- Issue
- 1
- Pages
- 231-243
- Language
- en
- Sources
- openalex crossref