Muradoglu, Gulnur; Akkaya, Nese; Chafra, Jamel - In: The European Journal of Finance 4 (1998) 1, pp. 85-92
Evidence is presented from IGE (the Istanbul Gold Exchange) that an institutional regulation such as the establishment of an organized exchange is an important component of informational efficiency that should not be disregarded in the process of financial liberlization.