NASDAQ Adds Four More Indexes
By: Edward O'Neal (Jul 2005)
"NASDAQ Adds Four More Indexes." Because most investors have portfolios full of stocks on several exchanges, the Nasdaq-only index may not be that valuable as a benchmark, says Dr. O'Neal.
Transparency Could Save Investors $1B
By: The Financial Times (May 2005)
The Financial Times' "Transparency Could Save Investors $1 Billion a Year" features Dr. Piwowar's research on the benefits to investors and issuers from adding price transparency to the corporate bond market.
Lessons from U.S. Corporate Bond Market Transparency Initiatives and Implications for the European Union (EU) Markets in Financial Instruments Directive (MiFID)
By: Michael Piwowar (May 2005)
Dr. Piwowar presented "Lessons from U.S. Corporate Bond Market Transparency Initiatives and Implications for the European Union (EU) Markets in Financial Instruments Directive (MiFID)" at the European Central Bank (ECB) in Frankfurt, Germany.
U.S. Municipal and Corporate Bond Market Transparency Initiatives
By: Michael Piwowar (Feb 2005)
Dr. Piwowar co-presented "U.S. Municipal and Corporate Bond Market Transparency Initiatives" to the Ontario Securities Commission in Ottawa, Canada.
Retail Focus: Issuer Official Says Primuni's First, and So Far Only, Deal Saved It $19,000
By: Bond Buyer (Feb 2005)
Bond Buyer's "Retail Focus: Issuer Official Says Primuni's First, and So Far Only, Deal Saved It $19,000" cites Dr. Piwowar's research on municipal bond market trading costs.
Fixed Income Markets in Montreal
By: Michael Piwowar (Nov 2004)
Dr. Piwowar participated in the Bank of Canada Workshop on Fixed Income Markets in Montreal, Canada.
Employee Stock Options and Concentrated Stock Positions: What Not to Do to Protect Your Wealth
By: Craig McCann (Nov 2004)
Dr. Craig McCann presented "Employee Stock Options and Concentrated Stock Positions: What Not to Do to Protect Your Wealth," to the Union League Club of Chicago.
Survey Finds Hidden Trading Costs
By: The Wall Street Journal (Nov 2004)
The Wall Street Journal's "Survey Finds Hidden Trading Costs" cites research conducted by Dr. O'Neal on the costs that investors in mutual funds incur when their mutual fund portfolio managers implement trading strategies. "That investors in actively managed funds incur portfolio trading costs that are over seven times that of index fund investors is another in the long line of reasons for investors to favor index funds," says Dr. O'Neal.
Bond Markets: Ripe
By: The Economist (Oct 2004)
The Economist's "Bond Markets: Ripe" cites Dr. Piwowar's research on corporate bond market trading costs.
Studies urge corporate bond changes
By: MarketWatch (Oct 2004)
MarketWatch's "Studies urge corporate bond changes" cites Dr. Piwowar's research showing that price transparency in the corporate bond market results in lower trading costs.
