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Discussion of To Trade or Not To Trade: The Strategic Trading of Insiders around News Announcements

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  • Ian Tonks

    Corresponding author
    1. The author is from the Xfi Centre for Finance and Investment, University of Exeter. This paper has benefited from discussions with Santosh Abraham, Alan Gregory, Fanis Tsoligkas and Martin Walker. Any remaining errors are the responsibility of the author.
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Address for correspondence: Ian Tonks, Xfi Centre for Finance and Investment, University of Exeter, Xfi Building, Rennes Drive, Exeter EX4 4ST, UK.
e-mail: I.Tonks@exeter.ac.uk

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