Lin, Bingxuan; Michayluk, David; Oppenheimer, Henry R.; … - In: International review of financial analysis 18 (2009) 5, pp. 223-231
We analyze how U.S. decimalization affects stocks cross-listed in France (Euronext) and the U.S. (NYSE). The French … indicating a migration of institutional order flow in French firms to France after NYSE decimalization. Also, intraday analysis … indicates that the institutional volume in both France and the U.S. is greatest when both the markets are open. …