Stealth Trading Behaviour in Capital Market: A Literature Review

Abstract

the behaviour of hiding trade information in the capital market which is called stealth trading currently takes place in various capital markets in the world. This behaviour is performed by investors, in particular informed investors, by not sharing information with other investors during trade transactions. It is aimed to keep others investors from following the informed investors trading transactions in the capital market. Thus, this paper is intended to review and evaluate the existence of stealth trading in various capital markets in the world from an empirical perspective. In general, result of the review finds that, from an empirical perspective, stealth trading behaviour is still inconsistent in various capital markets in the world.

What Drives the Stock Returns? Examining The Fundamental Factors on the Consumer Defensive Sector Companies

“…DER Ratio is a ratio used to see the company's financial structure by linking the number of liabilities with the owner's equity (Syamni et al, 2018). A high DER has a harmful impact on company performance because higher debt levels will result in reduced profits and affect investor interest in buying shares (Sharma et al, 2019).…”