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• Do funds distort price movements? by B. Wade Brorsen and Scott H. Irwin

  ARTICLE SYNOPSIS ...Do funds distort price movements? by B. Wade Brorsen and Scott H. Irwin The rapid rise of large-scale technical trading by futures funds has led to a concern that such trading could distort futures price movements. Our previous research shows that quite different technical trading systems do, in fact, signal trades on the same day a significant amount of the time. Whether this similarity is actually translated into price-distorting trading depends on the total size of trading and the particular trading techniques of futures fund trading advisors. We surveyed the 32 largest public futures fun...

AUTHOR: B. Wade Brorsen and Scott H. IrwinDATE: OCT 1989