He, Peng William; Jarnecic, Elvis; Liu, Yubo - In: Journal of Financial Markets 22 (2015) C, pp. 27-49
In this paper, we examine market share drivers of a prominent alternative trading venue (Chi-X) in an international … Chi-X to avoid queuing at the touch on the primary exchange. … context. We find that Chi-X׳s market share is negatively related to trading fees and latency, while positively related to …