-taker pricing, an incentive scheme that rewards liquidity suppliers and charges liquidity demanders. Using a change in trading fees … on the Toronto Stock Exchange, we study whether and why the breakdown of trading fees between liquidity demanders and … suppliers matters. Posted quotes adjust after the change in the fee composition, but the transaction costs for liquidity …

-taker pricing, an incentive scheme that rewards liquidity suppliers and charges liquidity demanders. Using a change in trading fees … on the Toronto Stock Exchange, we study whether and why the breakdown of trading fees between liquidity demanders and … suppliers matters. Posted quotes adjust after the change in the fee composition, but the transaction costs for liquidity …

The liquidity of an asset in modern financial markets is a key and, yet, elusive concept. A market is often said to be … liquidity has, however, provided to be a difficult task. This paper provides a critical review of the frameworks currently … available for modelling and estimating the market liquidity of stocks. We discuss definitions of market liquidity that stress …

show that the larger tick size raised the cost for retail-sized liquidity demanding orders by almost fifty percent, and … raised profits to liquidity providers by forty percent. The bulk of the effects occurred for tick-constrained stocks for …

the market's liquidity and price efficiency. Employing difference-indifference regressions, we find that the bid …

Traditional liquidity measures can provide a false impression of the liquidity and stability of financial market … show that a standard measure of liquidity, the effective bid-ask spread, dramatically underestimates the true cost of …

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 …

This paper presents the most extensive analysis of liquidity in the German equity market so far. We examine the … evolution of liquidity over time, the determinants of liquidity, and commonality across liquidity measures and countries. We … make use of a new publicly available dataset, the Market Microstructure Database Xetra (MMDB-Xetra). We find that liquidity …

The absence of liquidity in the stock market causes uneasiness in the market. Proper trading strategies are devised … when liquidity is present making the magnitude of returns determinable. The study investigated stock market liquidity … methodology to aid in investigating and forecasting future stock market liquidity levels. Monthly statistics from January 2018 to …

This paper investigates the relationship between level of foreign ownership in a firm and the liquidity of the firm …, liquidity and other firm attributes in the Vietnamese context. Our data set ranges from 2006 to 2012 covering most of non … results from our analysis indicate that increased foreign investment in firms does not associated with higher liquidity. The …