| Dictionary, Encyclopedia and Thesaurus - The Free Dictionary 3,897,400,813 visitors served. |
Dictionary/ thesaurus | Medical dictionary | Legal dictionary | Financial dictionary | Acronyms | Idioms | Encyclopedia | Wikipedia encyclopedia | ? |
Stale Price |
0.01 sec. |
|
|
Stale price An old price of the asset that does not reflect the most recent information. Stale Price The current price of an asset that does not reflect recently revealed or other available information. The stale price is unlikely to remain stale as the market absorbs the information and reflects it in the price. Analysts disagree on how long this takes, as different versions of the efficient markets hypothesis state that the stale price either evaporates quickly, or does not exist at all. Want to thank TFD for its existence? Tell a friend about us, add a link to this page, add the site to iGoogle, or visit the webmaster's page for free fun content. |
|
| Mentioned in | ? | References in periodicals archive | ? | Financial browser | ? | Full browser | ? | |||
|---|---|---|---|---|---|---|---|---|---|---|
Other investors were allowed to conduct market timing trades to take advantage of stale prices used by funds to calculate their net asset values at funds with stated policies against such trading. Especially for funds that invest all or a good part of their assets in international securities, the prices used to compute the net asset value would have been set many hours before, for example at the close of the previous session's trading in Tokyo or Frankfurt These market timing or stale price trades inflict harm on existing investors in a fund, who are normally small investors who simply buy and hold a fund for the long term. Someone who can buy or sell to exploit the gap between stale prices and real prices - a "market timer" - can make a killing. |
Stale Price |
Stalag 13 Stalag Luft stalagmite stalagmite Stalagmites Stalagmites stalagmitic stalagmitic stalagmometer stalagmometer Stalags STALAPCO Stalder stale stale stale stale stale Stale affidavit stale bull Stale Check stale comment Stale demand Stale demand Stale Fish Syndrome stale link Stale mate Stale mate Stale mate Stale pointer bug Stale Price Stale price arbitrageStale Prices stale sewage staled staled staled staled stalely stalely stalely stalely stalemate stalemate stalemate stalemated stalemated stalemated stalemates stalemates stalemates stalemating stalemating stalemating staleness staleness staleness staleness staler staler staler | ||||||||
| Financial Dictionary |
| Free Tools: |
For surfers:
Free toolbar & extensions |
Word of the Day |
Help
For webmasters: Free content | Linking | Lookup box | Double-click lookup |
|---|