Search Results - subject:"trading systems"

Die Betreuer am Neuen Markt: eine empirische Analyse

Gerke, Wolfgang; Bosch, Robert - 1999

Die Betreuer am neuen Markt sollen die Effizienz des Handels durch Bereitstellung zusätzlicher Liquidität erhöhen. Die vorliegende Studie untersucht den Liquiditätsbeitrag der Betreuer in zwei aufeinanderfolgenden Jahren. Die Beteiligung der Betreuer am Umsatz des Marktes hat im beobachteten...

Persistent link: https://www.econbiz.de/10010298219

Die Betreuer am Neuen Markt: eine empirische Analyse

Gerke, Wolfgang; Bosch, Robert - Center for Financial Studies - 1999

Persistent link: https://www.econbiz.de/10010986407

Performance of Technical Trading Systems in the Yen/Dollar Market

Schulmeister, Stephan - Österreichisches Institut für Wirtschaftsforschung (WIFO) - 2007

The study investigates the profitability of 1,024 moving average and momentum models and their components in the yen/dollar market. It turns out that all models would have been profitable between 1976 and 1999. The pattern of profitability is as follows: the models produce more single losses...

Persistent link: https://www.econbiz.de/10005059256

The Effect of Crossing-Network Trading on Dealer Market's Bid-Ask Spreads

Gresse, Carole - Université Paris-Dauphine (Paris IX) - 2006

This article provides new insights into market competition between traditional exchanges and alternative trading … systems in Europe. It investigates the relationship between the trading activity of a crossing network (CN) and the liquidity …

Persistent link: https://www.econbiz.de/10011093892

An Empirical Analysis of the Trading Structure at the Stockholm Stock Exchange

Niemeyer, Jonas; Sandås, Patrik - Economics Institute for Research (SIR), … - 1995

This paper describes and analyzes the trading structure at the Stockholm Stock Exchange. In the empirical part, we report stylized facts based on intraday transaction and order book data, focusing on the intraday behavior of returns, trading activity, order palcement and bid/ask spread, on the...

Persistent link: https://www.econbiz.de/10005207181

Trust and deception in multi-agent trading systems: A logical viewpoint

Finnie, Gavin; Sun, Zhaohao; Barker, Jeffrey - 2005

Trust and deception have been of concern to researchers since the earliest research into multi-agent trading systems …

Persistent link: https://www.econbiz.de/10009441606

The Effects of Automation on Liquidity, Volatility, Stock Returns and Efficiency: Evidence from the Tunisian Stock Market

Sioud, Olfa Benouda; Mezzez Hmaied, Dorra - In: Review of Middle East Economics and Finance 1 (2003) 2, pp. 43-56

This paper examines the effects of automation on the liquidity, volatility, returns and efficiency of shares traded on the Tunisian stock exchange (TSE). By the end of 1996, stocks listed on the TSE were transferred gradually from manual trading to automated trading. The TSE operates a...

Persistent link: https://www.econbiz.de/10014618717

The Effects of Automation on Liquidity, Volatility, Stock Returns and Efficiency: Evidence from the Tunisian Stock Market

Sioud, Olfa Benouda; Hmaied, Dorra Mezzez - In: Review of Middle East Economics and Finance 1 (2003) 2, pp. 1008-1008

Persistent link: https://www.econbiz.de/10005458798

Basic trends in the market for markets for financial instruments

Prigge, Stefan - In: Journal of Financial Transformation 3 (2001), pp. 35-44

growing pressure from the institutional investor community and intense competition from Alternative Trading Systems, such as …

Persistent link: https://www.econbiz.de/10008459586

Empirical Analysis of Limit Order Markets

Hollifield, Burton; Miller, Robert; Sandås, Patrik - C.E.P.R. Discussion Papers - 2001

We analyse order placement strategies in a limit order market, using data on the order flow from the Stockholm Stock Exchange. Traders submitting market or limit orders trade off the order price against both the execution probability and the winner’s curse risk associated with different order...

Persistent link: https://www.econbiz.de/10005789036