Dark Trading Volume at Earnings Announcements

  • Xanthi Gkougkousi, Wayne R. Landsman
  • Published 2017

Abstract

This study examines how the market share of dark venues changes at earnings announcements. We find a statistically and economically significant increase in dark market share during the week of, and the week subsequent to, the announcement of earnings. We also examine the impact of two firm characteristics on the changes in dark market share around earnings… (More)

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