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Fecht et al., 2018 - Google Patents

Is proprietary trading detrimental to retail investors?

Fecht et al., 2018

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Document ID
7866246694723525490
Author
Fecht F
Hackethal A
Karabulut Y
Publication year
Publication venue
The Journal of Finance

External Links

Snippet

We study the conflict of interest that arises when a universal bank conducts proprietary trading alongside its retail banking services. Our data set contains the stock holdings of every German bank and those of their corresponding retail clients. We investigate (i) …
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