Ito, Takatoshi; Hashimoto, Yuko - Center for International Research on the Japanese … - 2006
, but not for New York participants. Activities (deals and price changes) do not increase toward the end of business hours … correlation between the number of deals and the width of bid-ask spread during business hours, but in the first business minutes … during overlapping business hours between Tokyo and London markets (London and New York markets) may arise from heterogeneous …