| 
	
	
		| Andreas  Humpe  | 
	
	
		| University of Applied Sciences Munich | 
	
	
		|   | 
	
	
		| Schachenmeierstrasse 35 | 
	
	
		 | 
	
	
		 | 
	
	
		| Munich,  80636 | 
	
	
		| Germany | 
	
	
		|   | 
	
	
		| humpe@hm.edu | 
	
	
		|   | 
	
	
		| www.hm.edu | 
	
	
		|   | 
	
	
		|   | 
	
	
		|   | 
	
	
		|   | 
	
	
		|   | 
	
	
		JEL Areas: G1 : General Financial Markets: General (includes Measurement and Data) G2 : Financial Institutions and Services: General |