Zobrazeno 1 - 10
of 182
pro vyhledávání: '"National best bid and offer"'
Autor:
Akansu, Ali N.
Publikováno v:
Journal of Capital Markets Studies, 2017, Vol. 1, Issue 1, pp. 89-100.
Externí odkaz:
http://www.emeraldinsight.com/doi/10.1108/JCMS-10-2017-001
Autor:
Ali N. Akansu
Publikováno v:
Journal of Capital Markets Studies, Vol 1, Iss 1, Pp 89-100 (2017)
Purpose - The purpose of this paper is to present an overview of the flash crash, and explain why and how it happened. Design/methodology/approach - The author summarizes several studies suggesting various perspectives on the flash crash and its caus
Externí odkaz:
https://doaj.org/article/739834acf5444458844051174f6b5f8e
Publikováno v:
The Journal of Index Investing. 11:21-33
In this article, the authors analyze the relationship between time of day and bid-ask spread for US-domiciled fixed income exchange-traded funds (ETFs) with US dollar exposure. They aggregate millions of national best bid and offer (NBBO) spread data
Externí odkaz:
https://explore.openaire.eu/search/publication?articleId=doi_________::a2655c1d77a62a09dfa7628963b505f8
https://doi.org/10.3905/jii.2020.11.3.021
https://doi.org/10.3905/jii.2020.11.3.021
Autor:
Robert P. Bartlett
Publikováno v:
SSRN Electronic Journal.
Traditional odd lot trades (i.e., trades involving fewer than 100 shares) now comprise over half of all equity trades on U.S. exchanges. Under Regulation National Market System, however, these trades are excluded from a market center’s trade execut
Externí odkaz:
https://explore.openaire.eu/search/publication?articleId=doi_________::04a72d597ffde3d3478941fc91579d75
https://doi.org/10.2139/ssrn.3849763
https://doi.org/10.2139/ssrn.3849763
Autor:
Ayako Takai
Publikováno v:
Annals of Business Administrative Science. 16:41-54
IntroductionStarting in the latter half of the 1990s, the spread of the internet provided significant opportunities to various businesses around the world. Among these, financial businesses had a high level of user-friendliness because of their also
Externí odkaz:
https://explore.openaire.eu/search/publication?articleId=doi_________::b6519b6e09e4d78e5497f8a2650bdb1f
https://doi.org/10.7880/abas.0161220a
https://doi.org/10.7880/abas.0161220a
Publikováno v:
Journal of Financial Services Research. 54:345-367
We provide a novel test of information-based theories of price clustering by examining trade, order, and the National Best Bid and Offer (NBBO) quote price clustering during periods when information is removed from the market. We use a natural experi
Externí odkaz:
https://explore.openaire.eu/search/publication?articleId=doi_________::f2ea5872941018614c1c928340256139
https://doi.org/10.1007/s10693-017-0272-7
https://doi.org/10.1007/s10693-017-0272-7
Publikováno v:
European Journal of Law and Political Sciences. :98-103
Externí odkaz:
https://explore.openaire.eu/search/publication?articleId=doi_________::75453e0e7d5d659dcbb65aed4d2d5f51
https://doi.org/10.20534/ejlps-17-4-98-103
https://doi.org/10.20534/ejlps-17-4-98-103
Autor:
James Upson, Robert A. Van Ness
Publikováno v:
Journal of Financial Markets. 32:49-68
Using a sample of NYSE firms from the first quarter of 2012, we show that the National Best Bid and Offer (NBBO) depth is negatively affected by quote competition between exchanges and by excess algorithmic trading (AT) activity, but positively impac
Externí odkaz:
https://explore.openaire.eu/search/publication?articleId=doi_________::fd13ac3d7c7c4bdc80709425f31d87d0
https://doi.org/10.1016/j.finmar.2016.05.004
https://doi.org/10.1016/j.finmar.2016.05.004
Publikováno v:
SSRN Electronic Journal.
The single-firm event studies that securities litigants use to detect the impact of a corrective disclosure on a firm’s stock price have low statistical power. As a result, observed price impacts are biased against defendants and systematically ove
Externí odkaz:
https://explore.openaire.eu/search/publication?articleId=doi_________::2c2bbd8f20b71cb7e4f16b08c521a116
https://doi.org/10.2139/ssrn.3321180
https://doi.org/10.2139/ssrn.3321180
Autor:
Yin Feng Gau, Yu Lun Chen
Publikováno v:
Journal of the Japanese and International Economies. 38:214-227
This paper studies the role of foreign exchange market intervention in the price discovery process of the USD–JPY market. Using the tick-by-tick bid and ask quotes from the Electronic Broking Services (EBS), we find that Japanese official intervent
Externí odkaz:
https://explore.openaire.eu/search/publication?articleId=doi_________::92feb9d80c0d86778c0ff37183dbec3a
https://doi.org/10.1016/j.jjie.2015.09.001
https://doi.org/10.1016/j.jjie.2015.09.001