well as on consolidated liquidity of French blue chip equities, newly tradable on Chi-X. Our findings suggest that owing to … this new competition the home market's liquidity has enhanced. This is apparently due to the battle for order flow which … results in narrower spreads and increased market depth. These results imply that overall liquidity in a virtually consolidated …

This paper studies the impact of contracted market makers by investigating the liquidity provider scheme in Sweden. The … results show that the stocks become more liquid after the introduction of the contracted market makers. The liquidity … scheme and function as contracted market makers, whose trading behavior contribute to documented liquidity improvement. After …

This paper studies the effect of board reforms on stock liquidity using data from 37 countries. We document that board … reforms significantly increase stock liquidity—effective spread on average decreases by 12.7% after a board reform. As … information asymmetry is a key determinant of stock liquidity, we further find that board reforms decrease information asymmetry …

effectiveness to manage excess volatility and to preserve liquidity. Specifically, we empirically analyze volatility and liquidity …. Unfortunately, this decrease in volatility comes at the cost of decreased liquidity. Regarding design parameters, we find tighter …

-building. We focus on the IPO initial underpricing, long-run performance and after market liquidity problems. 1. We propose that …

market manipulation, the highest volatility and probability of market crashes, yet the highest liquidity. The so … detect spoofing market manipulation, lower volatility and probability of market crashes, but lower liquidity levels. Finally …

discontinuity design (RDD) analysis show that the improvement in liquidity is statistically significant, especially in terms of the …