When the price of a listed security changes by an abnormal amount, the ASX typically issues a price query (PQ). There are two possible explanations for an abnormal price change.
Research in Finance
CMCRC Finance Programme is geared towards an examination of market elements and structures to evaluate the impact and relation between:
The Finance Research Programme seeks to provide a better understanding of market quality by examining the financial market's:
- efficiency (transaction costs and price discovery)
- integrity (insider trading, market manipulation and broker client conflict).
Information from financial research is used to inform both policy makers and industry stakeholders to deliver better outcomes for users of capital markets. It ensures optimal market quality.
CMCRC research also aims to realise the commercial benefits from innovation.
CMCRC's finance partners include:
Research Partners who engage with CMCRC are able to efficiently and significantly boost their research capability and market quality.
Our experienced, cross disciplinary team is made up of data scientists, finance domain experts and technologists.
Our solutions represent a multi-year, multi-million dollar investment in research, development and extensive industry testing. They support Evidenced-based policy making:
- Assuring Market Quality
- Securing Market Quality
- Optimal Market Quality
- Optimal Security Market Design.
In addition to its core finance research staff, CMCRC also draws on the expertise of external partners, both individual and institutional. It also invites leading international figures to participate in its key activities.