Showing 1 - 10 of 11
This article compares the cost of trading large capitalisation equities on the hybrid order-driven segment of the London Stock Exchange and the centralised electronic order book of Euronext. Using samples of stocks matched according to economic sector, free float capitalisation, and trading...
Persistent link: https://www.econbiz.de/10010905293
market fragmentation and internalization. Market fragmentation is found to improve global and local liquidity, with spreads … other factors than market fragmentation. The only harmful effect is that fragmentation may reduce market depth for small …
Persistent link: https://www.econbiz.de/10010707360
This article compares the cost of trading large capitalisation equities on the hybrid order-driven segment of the London Stock Exchange and the centralised electronic order book of Euronext. Using samples of stocks matched according to economic sector, free float capitalisation, and trading...
Persistent link: https://www.econbiz.de/10010707560
Persistent link: https://www.econbiz.de/10010708073
spreads are negatively related to CN executions. Risk-sharing benefits from CN trading dominate fragmentation and cream …
Persistent link: https://www.econbiz.de/10011093892
-quote depth relate to market fragmentation and internalization after MiFID. Market fragmentation is found to improve global and … post-MiFID period is driven by other factors than market fragmentation. The only harmful effect is that fragmentation may …
Persistent link: https://www.econbiz.de/10011162105
This paper proposes to critically examine the United Nations projections on urbanisation. Both the estimates of current trends based on national data and the method of projection are evaluated. The theory of urban transition is used as an alternative hypothesis for projections. Alternative...
Persistent link: https://www.econbiz.de/10010708839
, governance, and social and political participation). To take up this challenge, modules on Governance, Democracy and Multiple … on governance; the perception of decentralisation policies at local level; the level and vitality of social and political …
Persistent link: https://www.econbiz.de/10011071859
New factors such as governance, ownership and citizen’s participation are now a central focus of development programmes … institutions) and type of political regime or, more generally speaking, the society’s system of values. To meet this major … development and for monitoring them in quantitative terms. Three specific modules (Multiple Dimensions of Poverty, Governance and …
Persistent link: https://www.econbiz.de/10011072021
This study examines the limits of global corruption indicators based on experts’ perceptions. It draws on a wave of original surveys conducted in eight African countries that combined two types of approaches. The first approach covers a sample of over 35,000 people and uses experience-based...
Persistent link: https://www.econbiz.de/10011073308