STAT244.Lecture.03 4

STAT244.Lecture.03 4 - I Most changes are within a dime I...

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Discreteness: I Price changes fall on multiples of “ticks”. (1 / 8-th of a $ to decimilization.)
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Unformatted text preview: I Most changes are within a dime. I Induces a high degree of Kurtosis....
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This note was uploaded on 10/16/2010 for the course STAT 244 taught by Professor Dr.velu during the Summer '10 term at Stanford.

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