---
title: Informational Efficiency and Asset Prices in Large Markets
url: https://www.ml-quant.com/papers/ssrn/4771775/
site: ML-Quant (https://www.ml-quant.com)
updated: 2026-09-26
license: Summaries CC BY 4.0; links go to the original sources
index: https://www.ml-quant.com/llms.txt
identifier: SSRN 4771775
source_url: https://papers.ssrn.com/sol3/papers.cfm?abstract_id=4771775
featured: 2024-03-27
citations: 0
topic: Asset Pricing & Factors
---


# Informational Efficiency and Asset Prices in Large Markets

The study suggests that the amount of information disclosed in an economy with large trading data depends on the degree of information overlap across data sources, with derivative securities trades providing significant information about macroeconomic shocks.

- Source: https://papers.ssrn.com/sol3/papers.cfm?abstract_id=4771775
- Identifier: SSRN 4771775
- Released: 2024-02-01
- First featured: Quant Letter No. 42 (2024-03-27): https://www.ml-quant.com/issues/2024-03-27/
- Citations (Semantic Scholar): 0
- Published in: not yet
- Topic: Asset Pricing & Factors

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