Price Formation and Equilibrium Liquidity in Fragmented and Centralized Markets

Author:

BIAIS BRUNO

Publisher

Wiley

Subject

Economics and Econometrics,Finance,Accounting

Reference20 articles.

1. A theory of intraday trading patterns;Admati;The Review of Financial Studies,1988

2. Dealership markets: Market making with inventory;Amihud;Journal of Financial Economics,1980

3. Biais , Bruno Pierre Hillion Chester Spatt 1992 An empirical analysis of the order book and order flow in the Paris Bourse Working paper, Carnegie Mellon University

4. Bronfman , Corinne Robert A. Schwartz 1991 Implications of risk aversion for the microstructure of a dealers market Working paper, New York University

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