{"id":48490,"date":"2024-05-15T11:10:47","date_gmt":"2024-05-15T11:10:47","guid":{"rendered":"https:\/\/www.iseg.ulisboa.pt\/?post_type=event&#038;p=48490"},"modified":"2024-05-15T11:14:09","modified_gmt":"2024-05-15T11:14:09","slug":"iseg-research-seminar-john-turner","status":"publish","type":"event","link":"https:\/\/www.iseg.ulisboa.pt\/en\/event\/iseg-research-seminar-john-turner\/","title":{"rendered":"ISEG Research Seminar | John Turner"},"content":{"rendered":"<p>On May 22nd, <strong><a href=\"https:\/\/scholar.google.com\/citations?user=K5qdd2YAAAAJ&amp;hl=en\" target=\"_blank\" rel=\"noreferrer noopener\">John Turner<\/a><\/strong> (Queen's University, Belfast, Ireland) presents at ISEG the study \"<strong>Prices and informed trading: Evidence from an early stock market<\/strong>&#8220;.<\/p>\n\n\n\n<p>The seminar will take place from 13:30 to 14.00 in the Novo Banco Lecture Theatre (Quelhas, 4th Floor).<\/p>\n\n\n\n<p>Free admission.<\/p>\n\n\n\n<hr class=\"wp-block-separator has-alpha-channel-opacity\"\/>\n\n\n\n<p><strong>Abstract:<\/strong><\/p>\n\n\n\n<p>Using a novel dataset where all traders are identifiable, we examine trading in the shares of a major company on the London Stock Exchange before 1920. Our main finding is that bid-ask spreads increased in the presence of informed trades. However, we also find that spreads narrowed during periods of informed trading when such trades were timed to periods of large, uninformed volume. Furthermore, our findings suggest that professional traders consistently timed larger volume to such periods. Overall, our results provide support for the classical microstructure theories of informed trading.<\/p>","protected":false},"excerpt":{"rendered":"On May 22, John Turner (Queen's University, Belfast, Ireland) will present at ISEG the study \"Prices and informed trading: Evidence from an early stock market\". The seminar runs from [...]","protected":false},"featured_media":0,"template":"","topic":[1401],"event_type":[1155],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v22.6 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>ISEG Research Seminar | John Turner - ISEG<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.iseg.ulisboa.pt\/en\/event\/iseg-research-seminar-john-turner\/\" \/>\n<meta name=\"twitter:label1\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data1\" content=\"1 minute\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"WebPage\",\"@id\":\"https:\/\/www.iseg.ulisboa.pt\/en\/event\/iseg-research-seminar-john-turner\/\",\"url\":\"https:\/\/www.iseg.ulisboa.pt\/en\/event\/iseg-research-seminar-john-turner\/\",\"name\":\"ISEG Research Seminar | John Turner - ISEG\",\"isPartOf\":{\"@id\":\"https:\/\/www.iseg.ulisboa.pt\/en\/#website\"},\"datePublished\":\"2024-05-15T11:10:47+00:00\",\"dateModified\":\"2024-05-15T11:14:09+00:00\",\"breadcrumb\":{\"@id\":\"https:\/\/www.iseg.ulisboa.pt\/en\/event\/iseg-research-seminar-john-turner\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/www.iseg.ulisboa.pt\/en\/event\/iseg-research-seminar-john-turner\/\"]}]},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/www.iseg.ulisboa.pt\/en\/event\/iseg-research-seminar-john-turner\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\/\/www.iseg.ulisboa.pt\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"ISEG Research Seminar | John Turner\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\/\/www.iseg.ulisboa.pt\/en\/#website\",\"url\":\"https:\/\/www.iseg.ulisboa.pt\/en\/\",\"name\":\"ISEG\",\"description\":\"Lisbon School of Economics &amp; 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O semin\u00e1rio decorre das&nbsp;[...]","_links":{"self":[{"href":"https:\/\/www.iseg.ulisboa.pt\/en\/wp-json\/wp\/v2\/event\/48490"}],"collection":[{"href":"https:\/\/www.iseg.ulisboa.pt\/en\/wp-json\/wp\/v2\/event"}],"about":[{"href":"https:\/\/www.iseg.ulisboa.pt\/en\/wp-json\/wp\/v2\/types\/event"}],"version-history":[{"count":0,"href":"https:\/\/www.iseg.ulisboa.pt\/en\/wp-json\/wp\/v2\/event\/48490\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.iseg.ulisboa.pt\/en\/wp-json\/wp\/v2\/media?parent=48490"}],"wp:term":[{"taxonomy":"topic","embeddable":true,"href":"https:\/\/www.iseg.ulisboa.pt\/en\/wp-json\/wp\/v2\/topic?post=48490"},{"taxonomy":"event_type","embeddable":true,"href":"https:\/\/www.iseg.ulisboa.pt\/en\/wp-json\/wp\/v2\/event_type?post=48490"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}