Events listed in Financial Transaction Tax (FTT)
The CNMV analyses the effects of the introduction of the financial transaction tax ...
ID 22166
The Spanish National Securities Market Commission (CNMV) has published a working paper assessing the impact of the introduction of the Financial Transaction Tax (FTT) on Spanish equity markets. The study analyses various dimensions of liquidity, volatility, and trading volume of the secondary markets where Spanish stocks are traded. Two complementary analyses were conducted: a difference-in-differences methodology and a regression discontinuity analysis. The first methodology ...