Sökning: "high frequency traders"
Hittade 3 avhandlingar innehållade orden high frequency traders.
1. Essays on Market Design and Market Quality
Sammanfattning : This dissertation contains four studies on different market structures and their impact on market quality.Article I studies the effect of introducing stock index futures contracts on the underlying stocks. The results indicate a lower liquidity level in the underlying stocks. LÄS MER
2. Off-exchange Trading in Modern Equity Markets : A Market Microstructure Perspective on Systematic Internalizers
Sammanfattning : Off-exchange trading has become a feature of the equity markets. This dissertation contains three articles that examine how off-exchange trading through systematic internalizers (SIs) affects inter-market competition and various features of market quality.Article I studies SIs' characteristics and the impact of SI operations on price efficiency. LÄS MER
3. Empirical Essays in Financial Economics
Sammanfattning : Competition between High-Frequency Traders, and Market Quality. This is the first empirical evidence on the competition between high-frequency traders (HFTs) and its influence on market quality. My findings suggests what when HFTs compete for traders their liquidity consumption increases. LÄS MER