Regulatory and legal pressures and the costs of Nasdaq trading

Review of Financial Studies

Volumn 13, Issue 4, 2000, Pages 917-957

  Schultz, Paul ^a  

^a UNIVERSITY OF NOTRE DAME   (United States)

Author keywords

[No Author keywords available]

Indexed keywords

EID: 0034551551     PISSN: 08939454     EISSN: None     Source Type: Journal    
DOI: 10.1093/rfs/13.4.917     Document Type: Article

References (16)

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4. Choi, J. Y., D. Salandro, and K. Shastri, 1988, "On the Estimation of Bid-Ask Spreads: Theory and Evidence," Journal of Financial and Quantitative Analysis, 23, 219-230.
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6. Christie, W., and R. Huang, 1994, "Market Structures and Liquidity: A Transactions Data Study of Exchange Listings," Journal of Financial Intermediation, 3, 300-326.
7. Christie, W., and P. Schultz, 1994, "Why do Nasdaq Market Makers Avoid Odd-Eighth Quotes?," Journal of Finance, 49, 1813-1840.
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10. Goldstein, M., and E. Nelling, 1999, "Market Making and Trading in Nasdaq Stocks," Financial Review, 34, 27-44.
11. Harris, L., 1989, "A Day-End Transaction Price Anomaly," Journal of Financial and Quantitative Analysis, 24, 29-45.
12. Harris, L., 1990, "Statistical Properties of the Roll Serial Covariance Bid/Ask Spread Estimator," Journal of Finance, 45, 579-590.
13. Huang, R., and H. Stoll, 1996, "Dealer Versus Auction Markets: A Paired Comparison of Execution Costs on Nasdaq and the NYSE," Journal of Financial Economics, 41, 313-358.
14. Porter, D., 1992, "The Probability of a Trade at the Ask: An Examination of Interday and Intraday Behavior," Journal of Financial and Quantitative Analysis, 27, 209-227.
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