The price of stable markets and investor confidence: some thoughts on MiFID II’s cost-benefit ratio

Author:

Schulte Martin

Publisher

Springer Science and Business Media LLC

Subject

Law,Political Science and International Relations

Reference21 articles.

1. Angel, J.J.: Tick size regulation: costs, benefits, and risks, Economic Impact Assessment EIA7, review commissioned as part of the UK Government’s Foresight Project, The Future of Computer Trading in Financial Markets. Available at: https://www.gov.uk/government/uploads/system/uploads/attachment_data/file/289037/12-1068-eia7-tick-size-regulation-costs-benefits.pdf

2. Autorité des Marchés Financiers (AMF): Study of the Behaviour of High-Frequency Traders on Euronext Paris. Available at: http://www.amf-france.org/technique/multimedia?docId=workspace://SpacesStore/619a82db-11ea-4544-a03e-991b7af2864d_en_1.0_rendition (January 2017)

3. Bernales, A., Riarte, I., Sagade, S., Valenzuela, M., Westheide, C.: A tale of one exchange and two order books: effects of fragmentation in the absence of competition. Available at: http://people.stern.nyu.edu/jhasbrou/SternMicroMtg/SternMicroMtg2017/Papers/TaleOfOneExchange.pdf (May 2017)

4. Boyd, J.: Commission sharing to remain as key research funding mechanism post-Mifid II. Available at: http://www.investmenteurope.net/research/commission-sharing-remain-key-research-funding-mechanism-post-mifid-ii/ (January 2017)

5. Degryse, H., de Jong, F., van Kervel, V.: The impact of dark trading and visible fragmentation on market quality. Rev. Finance 19(4), 1587–1622 (2015)

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