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

Risk Seminar
Mar 1, 2018 12:30pm to 2:00pm
1011 Evans Hall
Happening As Scheduled
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...
Speaker: Kyong Shik Eom, UC Berkeley (Speaker - Featured)