Showing 1 - 8 of 8
Designated market makers (DMMs) are contractually obligated to increase liquidity provision when trading volume breaches a floor. Using this feature in a regression discontinuity design, we show that increased DMM participation facilitates price informativeness with respect to earnings news....
Persistent link: https://www.econbiz.de/10013294096
Persistent link: https://www.econbiz.de/10011514004
Persistent link: https://www.econbiz.de/10011514011
Persistent link: https://www.econbiz.de/10001709434
Persistent link: https://www.econbiz.de/10003527806
Persistent link: https://www.econbiz.de/10009515804
Persistent link: https://www.econbiz.de/10012546384
Persistent link: https://www.econbiz.de/10011590773