Anand, Amber; Chakravarty, Sugato; Chuwonganant, Chairat - In: Journal of Financial Markets 12 (2009) 4, pp. 727-753
A frequently occurring, yet unexplored, phenomenon of the New York Stock Exchange specialist system is that of reassignments of stocks by specialist firms on the floor of the Exchange. These events change the portfolios at the individual specialist level by reassigning one or more stocks from...