Seminar 217, Risk Management: The role of dynamic and static volatility interruptions: Evidence from the Korean stock markets

Seminar 217, Risk Management: The role of dynamic and static volatility interruptions: Evidence from the Korean stock markets

Risk Seminar
Mar 1, 2018, 12:30 PM - 02:00 PM | 1011 Evans Hall | Happening As Scheduled
Speaker: Kyong Shik Eom, UC Berkeley (Speaker - Featured)
We conduct a comprehensive analysis on the sequential introductions of dynamic and static volatility interruption (VI) in the Korean stock markets. The Korea Exchange introduced VIs to improve price formation, and to limit damage to investors from brief periods of abnormal volatility, for individual stocks. We find that dynamic VI is effective in stabilizing markets and price discovery, while the...