Pavabutra, Pantisa; Prangwattananon, Sukanya - Center for Economic Institutions, Institute of Economic … - 2008
This paper explores the impact of exogenous tick size reduction on bid-ask spreads, depths, and trading volume on the Stock Exchange of Thailand (SET). On November 5, 2001, the SET implemented tick size reduction on stocks below THB 25. Even though trading on the Thai Exchange is largely...