Bennett, Paul (contributor); Wei, Li (contributor) - 2003 - [Elektronische Ressource], rev
paper studies the impact of order flow fragmentation on market quality. Due to differences in
market structure, order flow … Market Quality
Abstract
This paper studies the impact of order flow fragmentation on market quality. Due to … significant amount of trading of
NASDAQ-listed stocks takes place on various ECNs and dealers.2 Many studies compare market …