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The Effect of Maker-Taker Pricing on Market Liquidity in Electronic Trading Systems – Empirical Evidence from European Equity Trading
15 references·1 citing·44 second hop
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References

  • 2008Estimating Standard Errors in Finance Panel Data Sets: Comparing Approaches10,793 cited
  • 2006Competition in two-sided markets3,379 cited
  • 2006Two-sided markets: a progress report2,987 cited
  • 2006Estimating Standard Errors in Finance Panel Data Sets: Comparing Approaches2,559 cited
  • 2011Does Algorithmic Trading Improve Liquidity?1,680 cited
  • 2001Common factors in prices, order flows, and liquidity1,067 cited
  • 2006Robust Inference with Multi-way Clustering409 cited
  • 1999Common Factors in Prices, Order Flows and Liquidity402 cited
  • 2001Liquidity, Volatility and Equity Trading Costs Across Countries and Over Time378 cited
  • 2000Liquidity Beyond the Inside Spread: Measuring and Using Information in the Limit Order Book131 cited
  • 2005Two-sided Markets and Electronic Intermediaries116 cited
  • 2005Algorithmic Decision-Making Framework69 cited
  • 2004Two-Sided Markets and Electronic Intermediaries46 cited
  • 2004Zooming in on Liquidity43 cited
  • 2002Does the Limit Order Routing Decision Matter?36 cited

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  • 2016

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Make-Take Structure and Market Quality: Evidence from the U.S. Options Markets
27 cited