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SSRNTrading, Microstructure & Execution

FOMC Announcements and Volume Dynamics

The research shows that stock market volume decreases before FOMC announcements and increases afterwards due to discretionary liquidity trading and information asymmetry, especially for stocks with higher market betas.

Featured in No. 22 on 18 Oct 2023 ·

Released
7 Jan 2021
First featured
No. 22 · 18 Oct 2023
Published in
Not yet, as far as Semantic Scholar knows
Shares when featured
75
Identifier
SSRN 4601425

Citations and venue from Semantic Scholar (ODC-BY), refreshed weekly. Summary: Quant Letter (CC BY 4.0).

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