The Determinants of the Bid-Ask Spread Components
Reported bid-ask spread decompositions vary in exchange structure, for example quotedriven, order-driven or hybrid systems. The majority however, focus on quote-driven markets. This dissertation empirically studies the decomposition of spread components in a order-driven market and identifies relati...
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| Format: | Dissertation (University of Nottingham only) |
| Language: | English |
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2006
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| Online Access: | https://eprints.nottingham.ac.uk/20356/ |