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Please use this identifier to cite or link to this item: https://www.um.edu.mt/library/oar/handle/123456789/17649
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dc.date.accessioned2017-03-21T08:31:09Z
dc.date.available2017-03-21T08:31:09Z
dc.date.issued2003
dc.identifier.citationAzzopardi, P. V., & Camilleri, S. J. (2003). The relevance of short sales to the Maltese stock market. Bank of Valletta Review, 28, 1-17.en_GB
dc.identifier.urihttps://www.um.edu.mt/library/oar//handle/123456789/17649
dc.description.abstractThe paper discusses the possible effects of short sales on the operation of a very small stock market such as the Maltese one. After studying the basic mechanics of short selling procedures, the paper reviews the salient literature with particular reference to how short sales may enhance informational efficiency and their relationship with liquidity. The paper proceeds by examining these relationships in the context of the Maltese securities market. The study reveals that short sales may be desirable on the Maltese stock market for enhancing price efficiency and liquidity, yet a more formal framework for conducting such transactions is required. In addition, short positions may be particularly risky in the context of the Maltese stock market, due to low liquidity levels.en_GB
dc.language.isoenen_GB
dc.publisherBank of Vallettaen_GB
dc.rightsinfo:eu-repo/semantics/openAccessen_GB
dc.subjectStock exchanges -- Maltaen_GB
dc.subjectShort sales (Real estate) -- Maltaen_GB
dc.titleThe relevance of short sales to the Maltese stock marketen_GB
dc.typearticleen_GB
dc.rights.holderThe copyright of this work belongs to the author(s)/publisher. The rights of this work are as defined by the appropriate Copyright Legislation or as modified by any successive legislation. Users may access this work and can make use of the information contained in accordance with the Copyright Legislation provided that the author must be properly acknowledged. Further distribution or reproduction in any format is prohibited without the prior permission of the copyright holder.en_GB
dc.description.reviewedN/Aen_GB
dc.contributor.creatorCamilleri, Silvio John
dc.contributor.creatorAzzopardi, Paul V.
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