The ecology of an order-driven market: Too complicated for regulators to have all the answers

Journal of Portfolio Management

Volumn 24, Issue 2, 1998, Pages 47-55

  Handa, Puneet ^a   Schwartz, Robert A ^b   Tiwari, Ashish ^a  

^a UNIVERSITY OF IOWA   (United States)

^b NONE

Author keywords

[No Author keywords available]

Indexed keywords

EID: 0039496345     PISSN: 00954918     EISSN: None     Source Type: Journal    
DOI: 10.3905/jpm.24.2.47     Document Type: Article

References (14)

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10. _. "Limit Order Trading." Journal of Finance, 51 (December 1996b), pp. 1835-1861.
11. Handa, Puneet, Robert Schwartz, and Ashish Tiwari. "Determinants of the Bid-Ask Spread in an Order Driven Market." Working paper, University of Iowa and City University of New York, 1997.
12. Ho, Thomas, and Hans R. Stoll. "Optimal Dealer Pricing Under Transaction and Return Uncertainty." Journal of Financial Economics, 9 (1981), pp. 47-73.
13. "Le Nouveau Marché, The Key to Growth: Is Le Nouveau Marché Liquid?" SBF Bourse de Paris, 1997.
14. Stoll, Hans R. "The Supply of Dealer Services in Securities Markets." Journal of Finance, 33 (September 1978), pp. 1133-1151.