than option listing and we find similar results using a calendar-time approach. Further analysis reveals that commonalities …

We empirically investigated the impact of option listing on the underlying stock efficiency by looking at the volume … positive impact on the underlying stock volume-volatility relation attributable to option listing is found. This better … into informed and non-informed components, no migration of informed traders to the underlying stock market after option …

We empirically investigate the impact of option listing on the underlying stock efficiency by looking at the volume … rise of raw and diurnally adjusted price durations, we find evidence of a positive impact attributable to option listing on … underlying stock market after option listing. The option effect seems to be not sufficient to attract informed traders into the …

We empirically investigate the effect of option listing on the underlying stock pricing efficiency by examining the … indicate that option listing neither damages nor improves the underlying stock efficiency. However, they suggest that a new …

option listing is endogenous, a result of decisions made by exchanges and regulators. We investigate the factors affecting … the exchanges’ listing decisions by comparing the characteristics of stocks selected for option listing to other stocks … of listing, but their relative contributions have changed significantly over time. We re-examine the option listing …