Using LOB data, relationships among liquidity measures relevant to intraday trading—bid depth, ask depth, bid-ask spread, and the exchange/xetra liquidity or XLM measure—are investigated for five widely traded futures markets operated by the CME Group—corn, soybeans, copper, U.S. treasury...

We develop a theoretical framework and propose a relevant empirical analysis of the soybean complex prices cointegration relationship in a high-frequency setting. We allow for heterogeneous expectations among traders on the multi-asset price dynamics and characterize the resulting market...

The cooperative organizational form is by nature a sustainable one, which has proved to be resilient in the face of crises and a solid lever in addressing present-day societal challenges. Still, little is known about its socio-economic impact. Also, despite the plethora of studies on cooperative...