We investigate trade price and limit order price clustering on Euronext, a European stock market which is based on a computerized limit order book. We find evidence of widespread and pervasive trade price and limit order price clustering at increments of five and ten cents. Thus, investors...

This paper studies the consequences of a change in the tick size in the Paris Bourse. Some stocks experienced a decrease in the tick size. It induced a decrease in depth at the quotes. However, in contrast with results obtained for US markets, this neither generated a change in the bid-ask...

Rethinking Finance in the Face of New Challenges provides an overview of the new research perspectives devoted to financial activity, reconsidering the opposition between orthodox and heterodox schools of finance. The purpose is to identify new theoretical and practical issues around the...

Introduction -- Part I. Asset Pricing -- Chapter 1. Oil Price Uncertainty: Panel Evidence from the G7 and BRICS Countries -- Chapter 2. Climate Risk and the Volatility of Agricultural Commodity Price Fluctuations: A Forecasting Experiment -- Chapter 3. Linking the COVID-19 Epidemic and Emerging...