Brenda Lange – The Stock Market Crash of 1929 The End of Prosperity
Brenda Lange On October 29, 1929, more than 16 million stock shares were sold at the New York Stock Exchange, and by the end of November investors had lost more than Thousands packed the streets of New York City’s financial district. Anxious investors had heard rumblings throughout the day about mass panic on Wall Street, […]
Anatomy of a Market Crash: A Market Microstructure tahlil of the Turkish Overnight Liquidity Crisis
An order flow model, where the coded identity of the counterparties of every trade is known, hence providing institution level order flow, is applied to both stable and crisis periods in a large and liquid overnight repo market in an emerging market economy. Institution level order flow is much more informative than cross sectionally aggregated […]