STUDY SHOWS ABNORMAL VOLUMES BEFORE PUBLIC RELEASE OF STOCK PICKS
sofia
Automated Trader reports on a CMCRC study that reveals abnormal trading volumes prior to public release of analyst recommendations on associated stocks, suggesting evidence of ‘tipping’ to privileged clients by some brokers. The study examines broker trading volumes before and after analyst recommendations are made public. Data showed spikes in trading volume by recommending broker before the public release of the analyst reports.
