Showing 1 - 10 of 371,493
Persistent link: https://www.econbiz.de/10001515690
The paper documents important differences in payment for order flow (PFOF), spreads, and price improvement across asset classes. In stocks, we show that PFOF is small. While many retail trades are executed off-exchange, we find that they receive meaningful price improvement, particularly when...
Persistent link: https://www.econbiz.de/10013172182
Persistent link: https://www.econbiz.de/10011764561
Persistent link: https://www.econbiz.de/10001570814
Persistent link: https://www.econbiz.de/10003690893
Persistent link: https://www.econbiz.de/10001434583
Persistent link: https://www.econbiz.de/10003630513
Persistent link: https://www.econbiz.de/10003263345
Persistent link: https://www.econbiz.de/10001615193
Mutual funds form the bedrock of retirement savings in the United States, and, considering their rapid growth, are sure to be more critical in the future. Because the size of fees paid by investors to mutual fund advisers can strongly affect the return on investment, these fees have become a...
Persistent link: https://www.econbiz.de/10014487824