Mobile Financial Information Services: Capabilities of Suitable Push Services
نویسندگان
چکیده
According to the theory of efficient markets, prices of individual securities reflect all information available to the capital market. Therefore, new information such as ad hoc disclosures should be priced into stock quotations very quickly. If such significant price effects and enough effect delays can be observed, investors should be informed about relevant market events very quickly. Therefore, this paper analyzes prompt short-run stock market reactions caused by company announcements. Our study shows that the observed intraday price effects and effect delays ask for appropriate mobile notification services. After identifying relevant characteristics of suitable notification services we evaluate different mobile push service technologies. We can show how private investors can be informed about critical market events in time, using most adequate mobile push services.
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