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Transparency and Liquidity: A Comparison of Auction and Dealer Markets with Informed Trading
7 references·16 citing·36 second hop
Transparency and Liquidity: A Comparison of Auction and Dealer Markets with Informed Trading (1996)Transparency and Liquidity: A Comparison …Market Microstructure Theory. (1996)Market Microstructure Theory.Market microstructure theory (1995)Market microstructure theoryInformed Speculation with Imperfect Competition (1989)Informed Speculation with Imp…Inferring the Components of the Bid-Ask Spread: Theory and Empirical Tests (1989)Inferring the Components of t…Price, trade size, and information in securities markets (1987)Price, trade size, and inform…Continuous Auctions and Insider Trading (1985)Continuous Auctions and Insid…Bid, ask and transaction prices in a specialist market with heterogeneously informed traders (1985)Bid, ask and transaction pric…Supply chain transparency: A bibliometric review and research agenda (2021)Supply chain transparency: A …Information Disclosure in Financial Markets (2017)Information Disclosure in Fin…Dark trading and price discovery (2015)Dark trading and price discov…High-Frequency Trading (2011)High-Frequency TradingMarkets: Transparency and the Corporate Bond Market (2008)Markets: Transparency and the…Transparency and Liquidity: A Controlled Experiment on Corporate Bonds (2006)Transparency and Liquidity: A…Should securities markets be transparent? (2005)Should securities markets be …Market microstructure: A survey of microfoundations, empirical results, and policy implications (2005)Market microstructure: A surv…Lifting the Veil: An Analysis of Pre‐trade Transparency at the NYSE (2005)Lifting the Veil: An Analysis…Island Goes Dark: Transparency, Fragmentation, and Regulation (2005)Island Goes Dark: Transparenc…Price Discovery without Trading: Evidence from the Nasdaq Preopening (2000)Price Discovery without Tradi…Crossing Networks and Dealer Markets: Competition and Performance (2000)Crossing Networks and Dealer …Quote Disclosure and Price Discovery in Multiple-Dealer Financial Markets (1999)Quote Disclosure and Price Di…Market Transparency: Who Wins and Who Loses? (1999)Market Transparency: Who Wins…High frequency data in financial markets: Issues and applications (1997)High frequency data in financ…Transparency and Liquidity: A Study of Block Trades on the London Stock Exchange under Different Publication Rules (1996)Transparency and Liquidity: A…Using daily stock returns (1985)Estimating the components of the bid/ask spread (1988)Measuring the Information Content of Stock Trades (1991)Market liquidity and volume around earnings announcements (1994)Efficient Capital Markets: A Review of Theory and Empirical Work (1970)EFFICIENT CAPITAL MARKETS: A REVIEW OF THEORY AND EMPIRICAL WORK* (1970)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)Information aggregation in a noisy rational expectations economy (1981)Tests of microstructural hypotheses in the foreign exchange market (1995)Strategic Trading When Agents Forecast the Forecasts of Others (1996)Information Asymmetry, Information Precision, and the Cost of Capital (2011)A Simple Implicit Measure of the Effective Bid-Ask Spread in an Efficient Market (1984)Spreads, Depths, and the Impact of Earnings Information: An Intraday Analysis (1993)Dealer versus auction markets: A paired comparison of execution costs on NASDAQ and the NYSE (1996)Why Do Security Prices Change? A Transaction-Level Analysis of NYSE Stocks (1997)The General Theory of Employment, Interest and Money. (1936)Disclosure, Liquidity, and the Cost of Capital (1991)Good disclosure, bad disclosure (2018)Informing the Market: The Effect of Modern Information Technologies on Information Production (2019)Does environmental information disclosure contribute to improve firm financial performance? An examination of the underlying mechanism (2020)Minimum Price Variations, Discrete Bid–Ask Spreads, and Quotation Sizes (1994)Corporate Bond Market Transaction Costs and Transparency (2007)Corporate Yield Spreads and Bond Liquidity (2007)Liquidity Biases in TRACE (2009)The Same Bond at Different Prices: Identifying Search Frictions and Selling Pressures (2010)Capital Commitment and Illiquidity in Corporate Bonds (2018)Market microstructure: A survey (2000)A Tale of Two Time Scales: Determining Integrated Volatility with Noisy High Frequency Data (2003)Realized Variance and Market Microstructure Noise (2006)The Flash Crash: High-Frequency Trading in an Electronic Market (2011)Do Prices Reveal the Presence of Informed Trading? (2015)Noise Trader Risk in Financial Markets (1990)MIDAS Regressions: Further Results and New Directions (2007)
this work references cited by second hop

References

  • 1985Continuous Auctions and Insider Trading9,626 cited
  • 1985Bid, ask and transaction prices in a specialist market with heterogeneously informed traders6,132 cited
  • 1987Price, trade size, and information in securities markets2,169 cited
  • 1995Market microstructure theory1,305 cited
  • 1996Market Microstructure Theory.1,152 cited
  • 1989Informed Speculation with Imperfect Competition963 cited
  • 1989Inferring the Components of the Bid-Ask Spread: Theory and Empirical Tests949 cited

Cited by

  • 2006Transparency and Liquidity: A Controlled Experiment on Corporate Bonds472 cited
  • 2005Market microstructure: A survey of microfoundations, empirical results, and policy implications471 cited
  • 2017Information Disclosure in Financial Markets413 cited
  • 1997High frequency data in financial markets: Issues and applications411 cited
  • 1999Market Transparency: Who Wins and Who Loses?390 cited
  • 2005Lifting the Veil: An Analysis of Pre‐trade Transparency at the NYSE362 cited
  • 2005Should securities markets be transparent?308 cited
  • 2000Crossing Networks and Dealer Markets: Competition and Performance257 cited

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

  • 2005Island Goes Dark: Transparency, Fragmentation, and Regulation253 cited
  • 2011High-Frequency Trading249 cited
  • 2021Supply chain transparency: A bibliometric review and research agenda239 cited
  • 2000Price Discovery without Trading: Evidence from the Nasdaq Preopening231 cited
  • 1996Transparency and Liquidity: A Study of Block Trades on the London Stock Exchange under Different Publication Rules222 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