Hsieh, Tzung-Yuan; Chuang, Shaung-Shii; Lin, Ching-Chung - In: Review of Pacific Basin Financial Markets and Policies … 11 (2008) 04, pp. 591-616
. This work investigates the influence of tick-size reduction and the relaxations of binding-constraint probability on market … that the spread, depth, market liquidity, and binding-constraint probability all decrease following the tick-size reduction …