Can order exposure be mandated?

Journal of Financial Markets

Volumn 7, Issue 4, 2004, Pages 405-426

  Anand, Amber ^a   Weaver, Daniel G ^b  

^a SYRACUSE UNIVERSITY   (United States)

^b RUTGERS UNIVERSITY   (United States)

Author keywords

Electronic limit order markets; Hidden limit orders; Market quality; Trader behavior; TSX

Indexed keywords

EID: 9944245407     PISSN: 13864181     EISSN: None     Source Type: Journal    
DOI: 10.1016/j.finmar.2004.04.001     Document Type: Article

References (11)

1. Aitken M. Berkman H. Mak D. The use of undisclosed limit orders on the Australian Stock Exchange Journal of Banking and Finance 25 2001 1589-1603
2. Bloomfield R. O'Hara M. Market transparency: Who wins and who loses? Review of Financial Studies 12 1 1999 5-35
3. Cohen K. Maier S. Schwartz R. Whitcomb D. Transaction costs, order placement strategy, and existence of the bid-ask spread Journal of Political Economy 89 2 1981 287-305
4. Flood M. Huisman R. Koedijk K. Mahieu R. Quote disclosure and price discovery in multiple-dealer financial markets Review of Financial Studies 12 1 1999 37-59
5. Handa P. Schwartz R.A. Limit order trading Journal of Finance 51 1996 1835-1861
6. Harris, L., 1996. Does a large minimum price variation encourage order display? Working paper, Marshall School of Business at USC, October 1996.
7. Kyle A. Continuous auctions and insider trading Econometrica 53 1985 1315-1335
8. Lee C. Ready M. Inferring trade direction from intraday data Journal of Finance 41 1991 733-746
9. Madhavan, A., Porter, D., Weaver, D., 2003. Should securities markets be transparent? Journal of Financial Markets, forthcoming
10. Rindi, B., 2003. Informed traders as liquidity providers: Transparency, liquidity and price formation. Working paper, Bocconi University.
11. Tuttle, L., 2002. Hidden orders, trading costs and information. Working paper, Ohio State University.