Corpus ID: 167791459

The Effectiveness of Trading Halts and Investor Trading Performance: An Intraday Analysis on the Stock Exchange of Thailand

  title={The Effectiveness of Trading Halts and Investor Trading Performance: An Intraday Analysis on the Stock Exchange of Thailand},
  author={C. Charoenwong and C. Chiyachantana},
This paper examines the effectiveness of trading halts using trade-by-trade data provided by the Stock Exchange of Thailand between January 1999 and December 2007. The transaction data enables us to closely analyze return, volatility and trading activities around the halts. This study also investigates trade performance of different types of investors around trading halts. Our results suggest that trading halts are efficient in maintaining stability and an orderly trading in the market. Trading… Expand
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