Cover -- Title Page -- Copyright -- Contents -- Acknowledgments -- About the Editors -- About the Chapter Authors -- CHAPTER 1 Equity Markets, Valuation, and Analysis: An Overview -- Introduction -- About This Book -- Purpose of the Book -- Distinguishing Features -- Intended Audience --...

"The primary purpose of this scholarly book is to provide an objective look into the dynamic world of equity markets, valuation, and analysis. The coverage extends from discussing basic concepts and their application to increasingly intricate and real-world situations. This volume spans the...

We investigate the effect of leveraged ETF trading on the trading activity and market quality of their component stocks. The results show that both quoted and effective spreads of component stocks increase about 0.2 to 3.0 basis points after the inception of leveraged ETFs, while other liquidity...