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Consolidation, Fragmentation, and the Disclosure of Trading Information
11 references·16 citing·41 second hop
Consolidation, Fragmentation, and the Disclosure of Trading Information (1995)Consolidation, Fragmentation, and the Dis…Time and the Process of Security Price Adjustment (1992)Time and the Process of Secur…Multimarket Trading and Market Liquidity (1991)Multimarket Trading and Marke…Disclosure, Liquidity, and the Cost of Capital (1991)Disclosure, Liquidity, and th…A Theory of Intraday Patterns: Volume and Price Variability (1988)A Theory of Intraday Patterns…The Microeconomics of Market Making (1986)The Microeconomics of Market …Bid, ask and transaction prices in a specialist market with heterogeneously informed traders (1985)Bid, ask and transaction pric…The Dynamics of Dealer Markets Under Competition (1983)The Dynamics of Dealer Market…Sequential Equilibria (1982)Sequential EquilibriaDealership market (1980)Dealership marketReexamination of the perfectness concept for equilibrium points in extensive games (1975)Reexamination of the perfectn…Public Regulation of the Securities Markets (1964)Public Regulation of the Secu…Dark trading and price discovery (2015)Dark trading and price discov…Markets: Transparency and the Corporate Bond Market (2008)Markets: Transparency and the…Market structure, fragmentation, and market quality (2006)Market structure, fragmentati…Who Benefits from an Open Limit‐Order Book? (2005)Who Benefits from an Open Lim…Should securities markets be transparent? (2005)Should securities markets be …Island Goes Dark: Transparency, Fragmentation, and Regulation (2005)Island Goes Dark: Transparenc…Trading your neighbor’s ETFs: Competition or fragmentation? (2003)Trading your neighbor’s ETFs:…Competition among Trading Venues: Information and Trading on Electronic Communications Networks (2003)Competition among Trading Ven…The Informational Efficiency of the Corporate Bond Market: An Intraday Analysis (2002)The Informational Efficiency …Predicting Equity Liquidity (2002)Predicting Equity LiquidityThe Many Faces of Information Disclosure (2001)The Many Faces of Information…Can transparent markets survive? (2000)Can transparent markets survi…An Empirical Study of Bond Market Transactions (2000)An Empirical Study of Bond Ma…Trade Disclosure Regulation in Markets with Negotiated Trades (1999)Trade Disclosure Regulation i…Six Myths of Information and Markets: Information Technology Networks, Electronic Commerce, and the Battle for Consumer Surplus1 (1999)Six Myths of Information and …Quote Disclosure and Price Discovery in Multiple-Dealer Financial Markets (1999)Quote Disclosure and Price Di…The Cost of Transacting (1968)Efficient Capital Markets: A Review of Theory and Empirical Work (1970)EFFICIENT CAPITAL MARKETS: A REVIEW OF THEORY AND EMPIRICAL WORK* (1970)Inferring the Components of the Bid-Ask Spread: Theory and Empirical Tests (1989)Dealer versus auction markets: A paired comparison of execution costs on NASDAQ and the NYSE (1996)Liquidity and Market Efficiency (2007)The Market for "Lemons": Quality Uncertainty and the Market Mechanism (1970)Investor Psychology and Security Market Under‐ and Overreactions (1998)Illiquidity and stock returns: cross-section and time-series effects (2002)Market Liquidity and Funding Liquidity (2008)An experimental analysis of ultimatum bargaining (1982)Perfect Equilibrium in a Bargaining Model (1982)Non-cooperative games (1989)Economic Origins of Dictatorship and Democracy (2005)Theory of games and economic behavior (2019)Continuous Auctions and Insider Trading (1985)Expected stock returns and volatility (1987)An Empirical Analysis of the Limit Order Book and the Order Flow in the Paris Bourse (1995)5 Stochastic volatility (1996)Realized Variance and Market Microstructure Noise (2006)COUNTERSPECULATION, AUCTIONS, AND COMPETITIVE SEALED TENDERS (1961)Information Effects on the Bid-Ask Spread (1983)Price Formation and Liquidity in the U.S. Treasury Market: The Response to Public Information (1999)Liquidity and Asset Prices (2006)The Flash Crash: High‐Frequency Trading in an Electronic Market (2017)Transmission of Volatility between Stock Markets (1990)Intraday Price Formation in U.S. Equity Index Markets (2003)Market microstructure: A survey of microfoundations, empirical results, and policy implications (2005)Is market fragmentation harming market quality? (2011)A Subordinated Stochastic Process Model with Finite Variance for Speculative Prices (1973)Measuring the Information Content of Stock Trades (1991)ARCH modeling in finance (1992)RISK, UNCERTAINTY, AND DIVERGENCE OF OPINION (1977)The New Issues Puzzle (1995)Investor Sentiment and the Cross‐Section of Stock Returns (2006)Information asymmetry, corporate disclosure, and the capital markets: A review of the empirical disclosure literature (2001)The economic implications of corporate financial reporting (2005)Voluntary Nonfinancial Disclosure and the Cost of Equity Capital: The Initiation of Corporate Social Responsibility Reporting (2010)An Evolutionary Approach to Norms (1986)Equilibrium Political Budget Cycles (1987)Domestic Political Audiences and the Escalation of International Disputes (1994)
this work references cited by second hop

References

  • 1985Bid, ask and transaction prices in a specialist market with heterogeneously informed traders6,132 cited
  • 1991Disclosure, Liquidity, and the Cost of Capital3,828 cited
  • 1975Reexamination of the perfectness concept for equilibrium points in extensive games3,342 cited
  • 1988A Theory of Intraday Patterns: Volume and Price Variability3,120 cited
  • 1982Sequential Equilibria1,703 cited
  • 1992Time and the Process of Security Price Adjustment1,225 cited
  • 1980Dealership market965 cited
  • 1983The Dynamics of Dealer Markets Under Competition783 cited
  • 1964Public Regulation of the Securities Markets679 cited
  • 1991Multimarket Trading and Market Liquidity597 cited
  • 1986The Microeconomics of Market Making348 cited

Cited by

  • 2000An Empirical Study of Bond Market Transactions324 cited
  • 2005Should securities markets be transparent?308 cited
  • 2002The Informational Efficiency of the Corporate Bond Market: An Intraday Analysis293 cited
  • 2003Competition among Trading Venues: Information and Trading on Electronic Communications Networks280 cited

Only edges whose both ends are imported exist here. Widen the year window, or show the whole map. Back to the work

2005
Island Goes Dark: Transparency, Fragmentation, and Regulation
253 cited
  • 1999Six Myths of Information and Markets: Information Technology Networks, Electronic Commerce, and the Battle for Consumer Surplus1215 cited
  • 2008Markets: Transparency and the Corporate Bond Market208 cited
  • 1999Quote Disclosure and Price Discovery in Multiple-Dealer Financial Markets205 cited
  • 2015Dark trading and price discovery202 cited
  • 2002Predicting Equity Liquidity189 cited
  • 2000Can transparent markets survive?178 cited
  • 2001The Many Faces of Information Disclosure173 cited
  • 1999Trade Disclosure Regulation in Markets with Negotiated Trades172 cited
  • 2003Trading your neighbor’s ETFs: Competition or fragmentation?168 cited
  • 2006Market structure, fragmentation, and market quality160 cited
  • 2005Who Benefits from an Open Limit‐Order Book?155 cited