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Volumn 51, Issue 3, 1996, Pages 811-833

Cream-skimming or profit-sharing? The curious role of purchased order flow

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Indexed keywords


EID: 0039120737     PISSN: 00221082     EISSN: None     Source Type: Journal    
DOI: 10.1111/j.1540-6261.1996.tb02708.x     Document Type: Article
Times cited : (297)

References (20)
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  • 4
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    • Easley, D.1    O'Hara, M.2
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    • Bid, ask, and transaction prices in a specialist market with asymmetrically informed traders
    • Glosten, L., and P. Milgrom, 1985, Bid, ask, and transaction prices in a specialist market with asymmetrically informed traders, Journal of Financial Economics, 71-100.
    • (1985) Journal of Financial Economics , pp. 71-100
    • Glosten, L.1    Milgrom, P.2
  • 9
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    • Measuring the information content of stock trades
    • Hasbrouck, J., 1991, Measuring the information content of stock trades, Journal of Finance 46, 179-207.
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    • Hasbrouck, J.1
  • 11
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    • In-house trades may be costly for small investors
    • December 20
    • In-house trades may be costly for small investors, Wall Street Journal, December 20, 1994.
    • (1994) Wall Street Journal
  • 14
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    • Market integration and price execution for NYSE-listed securities
    • Lee, C., 1993, Market integration and price execution for NYSE-listed securities, Journal of Finance 48, 1009-1038.
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    • Lee, C.1
  • 15
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    • Inferring trade direction from intraday data
    • Lee, C., and M. Ready, 1991, Inferring trade direction from intraday data, Journal of Finance 46, 733-746.
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    • Asymptotic properties of maximum likelihood estimators and likelihood ratio tests under nonstandard conditions
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    • Self, S.G.1    Laing, K.-Y.2


* 이 정보는 Elsevier사의 SCOPUS DB에서 KISTI가 분석하여 추출한 것입니다.