We examine the causes and consequences of insiders' liquidity needs as a motivation for the secondary sales in an … the levels of insider sales, and (4) higher levels of insider sales due to liquidity needs result in lower levels of … underpricing and long-run returns. Taken together these results also suggest that liquidity induced secondary sales can be a source …

We analyse liquidity dynamics in the UK long gilt futures market. We use a novel order book dataset to assess liquidity … favour of resilience. We further show that this resilience does not come at the expense of a negative liquidity trend. These … liquidity in the UK long gilt futures market …

This paper investigates monthly liquidity in FTSE 100 equity index in London Stock Exchange over the period 1986 to …

This study is the first to examine whether systematic liquidity risk is priced on the London Stock Exchange (LSE). We … use the proportional quoted bid-ask spread, Amihud's (2002) market illiquidity ratio, and turnover rate as liquidity … proxies. In contrast to US studies, we do not find evidence that systematic liquidity risk is priced on the LSE …

This study examines the relationship between systematic liquidity risk and stock price reaction to large one-day price … systematic risk react efficiently to shocks of different signs and magnitudes whereas stocks with high systematic liquidity risk … profitable, as it involves taking substantial systematic liquidity risk …