Template-type: ReDIF-Paper 1.0
Author-Name: Michael Melvin
Author-Email: mmelvin@asu.edu
Author-Homepage: http://wpcarey.asu.edu/Directory/stafffaculty.cfm?cobid=1039591
Author-Workplace-Name: W. P. Carey School of Business Department of Economics
Author-Workplace-Homepage: http://wpcarey.asu.edu/ecn/
Author-Name: Vincentiu Covrig
Author-Email: 
Author-Homepage: http://wpcarey.asu.edu/Directory/stafffaculty.cfm?cobid=2133554
Author-Workplace-Name: Singapore University
Author-Workplace-Homepage: 

Title: Asymmetric Information and Price Discovery in the FX Market:  Does Tokyo Know More About the Yen?
Abstract: We identify a period in the foreign exchange market when there is a high concentration of informed yen/dollar traders active in Tokyo. We exploit the data during this period to test implications of market-microstructure theory.		
Classification-JEL: F3
Keywords: 
File-URL:http://wpcarey.asu.edu/tools/mytools/pubs_admin/FILES/wp98_1.pdf
File-Format: pdf
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Handle: RePec:asu:wpaper:2132855