Market. We examine in particular, the relationship between stock liquidity and institutional ownership by the type of … institutions (e.g. banks, insurance companies, investment companies, pension funds). We consider eight liquidity measures: absolute … a significant negative impact on the stock liquidity as measured by Amihud (2002) illiquidity ratio. Our findings …

We examine price discovery and liquidity provision in the secondary market for bitcoin-an asset with a high level of … volatility environment, aggressive orders seem to be more attractive to informed agents, but market liquidity migrates outward in …

We provide empirical evidence within the context of cryptocurrency markets that the returns from liquidity provision … liquidity provision are amplified in smaller, more volatile, and less liquid cryptocurrency pairs where fear of adverse … highlight the role of inventory risk and adverse selection for liquidity provision. …

Do competition and incentives offered to designated market makers (DMMs) improve market liquidity? Using data from NYSE … changes in rebates and requirements for DMMs, do not have any tangible effect on market liquidity. Our results are of …