Should ECNs be SOES-able?
Bruce Mizrach (Department of Economics, Rutgers University), Yijie Zhang (Department of Economics, Rutgers University)
| Year of publication: |
July 2000 ; Preliminary
|
|---|---|
| Authors: | Mizrach, Bruce Marshall ; Zhang, Yijie |
| Publisher: |
New Brunswick, NJ : Rutgers University, Department of Economics |
| Subject: | ECN | microstructure | NASDAQ | SOES | Elektronisches Handelssystem | Electronic trading | Wertpapierhandel | Securities trading | Finanzmarktregulierung | Financial market regulation | Geld-Brief-Spanne | Bid-ask spread | USA | United States | 1999 |
| Description of contents: |
This paper documents the significant role of ECNs in forming the inside market in NASDAQ securities. We argue that the ECNs need to be exposed to market orders through the SOES system.
|
| Extent: | 1 Online-Ressource (circa 20 Seiten) |
|---|---|
| Series: | Working papers / Rutgers University, Department of Economics. - New Brunswick, NJ : [Verlag nicht ermittelbar], ZDB-ID 2172035-6. - Vol. #2000, 10 |
| Type of publication: | Book / Working Paper |
| Type of publication (narrower categories): | Graue Literatur ; Non-commercial literature ; Arbeitspapier ; Working Paper |
| Language: | English |
| Notes: | ECN = electronic communication network SOES = small order execution system |
| Other identifiers: | hdl:10419/94309 [Handle] |
| Classification: | G1 - General Financial Markets ; G14 - Information and Market Efficiency; Event Studies |
| Source: | ECONIS - Online Catalogue of the ZBW |
Persistent link: https://www.econbiz.de/10011577045