Public preview
What the study examines
This study examines whether price staleness, measured as time since the last trade, contains additional information about return risk at the next trade. The empirical design separates a stale-price effect from the normal accumulation of risk over time.
stale pricesmarket microstructureBVMAC
Scope & method
Scope
Cameroon · Central African Republic · Chad · Equatorial Guinea · Gabon · Republic of the Congo · BVMAC
05 Jun 2025 – 17 Aug 2026
Approach
Market Microstructure
Detailed methodology is included in the full report.
Reading
A focused question
Review the method and its limitations before interpreting the results.
Sources & access
Detailed sources and methodological checks accompany the full report.