Liquidity Externalities and Adverse Selection: Evidence from Trading after Hours

Author:

Barclay Michael J.,Hendershott Terrence

Publisher

Wiley

Subject

Economics and Econometrics,Finance,Accounting

Reference34 articles.

1. A theory of intraday patterns: Volume and price variability;Admati;Review of Financial Studies,1988

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

3. Price discovery and trading after hours;Barclay;Review of Financial Studies,2003

4. Stealth trading and volatility: Which trades move prices?;Barclay;Journal of Financial Economics,1993

5. Price discovery and learning during the preopening period in the Paris Bourse;Biais;Journal of Political Economy,1999

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