We analyze retail order flow in terms of intraday feedback trading patterns. Using a unique data set of exchange trades …

-rise being stronger than killing-fall leads to asymmetry of feedback trading. Our article investigates how mutual funds react to … when asymmetric feedback trading of the relevant stock gets more intense. This negative relationship is robust after … when stocks are allowed short-selling. Further results show that mutual funds' selling towards asymmetric feedback trading …

disposition effect, the positive feedback trading of individual investors, and risk-seeking trading; however, they investigated …

findings about foreign investors' trading behaviors. First, we find evidence that positive feedback trading often appears … during periods of high economic uncertainty, whereas negative feedback trading is exclusively observable during periods of … low economic uncertainty. Second, the foreign investors' feedback trading appears mostly to be well-timed and often leads …

We present evidence that equity momentum strategies are partially driven by positive-feedback trading intermediated via … relationship between fund flows and past style returns. As a result, trading strategies that load on flow-driven positive-feedback … trading (including momentum in stocks, styles, and factors) experienced a profitability decline. Consistent with the proposed …

pursue the negative feedback trading strategy in the Korean stock market. While many studies deal with institutional …

findings about foreign investors’ trading behaviors. First, we find evidence that positive feedback trading often appears … during periods of high economic uncertainty, whereas negative feedback trading is exclusively observable during periods of … low economic uncertainty. Second, the foreign investors’ feedback trading appears mostly to be well-timed and often leads …