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Payments for Order Flow on Nasdaq
16 references·7 citing·46 second hop
Payments for Order Flow on Nasdaq (1999)Payments for Order Flow on NasdaqEffects of Market Reform on the Trading Costs and Depths of Nasdaq Stocks (1999)Effects of Market Reform on t…Third Market Broker-Dealers: Cost Competitors or Cream Skimmers? (1997)Third Market Broker-Dealers: …The Law and Economics of Best Execution (1997)The Law and Economics of Best…Nasdaq market structure and spread patterns (1997)Nasdaq market structure and s…Entry, Exit, Market Makers, and the Bid-Ask Spread (1997)Entry, Exit, Market Makers, a…Do Competing Specialists and Preferencing Dealers Affect Market Quality? (1997)Do Competing Specialists and …Competition and Collusion in Dealer Markets (1997)Competition and Collusion in …Clustering and Competition in Asset Markets (1997)Clustering and Competition in…Bid-ask spreads and the avoidance of odd-eighth quotes on Nasdaq: An examination of exchange listings (1997)Bid-ask spreads and the avoid…Why Nasdaq market makers avoid odd-eighth quotes (1996)Why Nasdaq market makers avoi…Dealer versus auction markets: A paired comparison of execution costs on NASDAQ and the NYSE (1996)Dealer versus auction markets…Cream-Skimming or Profit-Sharing? The Curious Role of Purchased Order Flow (1996)Cream-Skimming or Profit-Shar…One Security, Many Markets: Determining the Contributions to Price Discovery (1995)One Security, Many Markets: D…Market Making, the Tick Size, and Payment-for-Order Flow: Theory and Evidence (1995)Market Making, the Tick Size,…Why do NASDAQ Market Makers Avoid Odd-Eighth Quotes? (1994)Why do NASDAQ Market Makers A…Insider Trading, Liquidity, and the Role of the Monopolist Specialist (1989)Insider Trading, Liquidity, a…Siphoned apart: A portfolio perspective on order flow segmentation (2024)Siphoned apart: A portfolio p…Tick Size, Trading Strategies and Market Quality (2019)Tick Size, Trading Strategies…Informed Trading and Maker-Taker Fees in a Low-Latency Limit Order Market (2012)Informed Trading and Maker-Ta…The impact of preferencing on execution quality (2006)The impact of preferencing on…Competition on the Nasdaq and the growth of electronic communication networks (2006)Competition on the Nasdaq and…Is Best Really Better? Internalization in Xetra Best (2005)Is Best Really Better? Intern…Does the Limit Order Routing Decision Matter? (2002)Does the Limit Order Routing …A Non-cooperative Equilibrium for Supergames (1971)An Analysis of Intraday Patterns in Bid/Ask Spreads for NYSE Stocks (1992)Market microstructure and securities values: Evidence from the Tel Aviv Stock Exchange (1997)Transactions costs and investment style: an inter-exchange analysis of institutional equity trades (1997)Presidential Address: Friction (2000)Equilibrium in Competitive Insurance Markets: An Essay on the Economics of Imperfect Information (1976)Bid, ask and transaction prices in a specialist market with heterogeneously informed traders (1985)Continuous Auctions and Insider Trading (1985)Trades, quotes, inventories, and information (1988)The Summary Informativeness of Stock Trades: An Econometric Analysis (1991)Liquidity Provision with Limit Orders and a Strategic Specialist (1997)A Supergame-Theoretic Model of Price Wars during Booms (1986)On the Theory of Infinitely Repeated Games with Discounting (1988)Toward a Theory of Discounted Repeated Games with Imperfect Monitoring (1990)Quote-based competition and trade execution costs in NYSE-listed stocks (2003)Liquidity in the Futures Pits: Inferring Market Dynamics from Incomplete Data (2004)The Cost of Transacting (1968)Why Do Security Prices Change? 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this work references cited by second hop

References

  • 1995One Security, Many Markets: Determining the Contributions to Price Discovery1,625 cited
  • 1996Dealer versus auction markets: A paired comparison of execution costs on NASDAQ and the NYSE1,009 cited
  • 1994Why do NASDAQ Market Makers Avoid Odd-Eighth Quotes?746 cited
  • 1996Cream-Skimming or Profit-Sharing? The Curious Role of Purchased Order Flow537 cited
  • 1989Insider Trading, Liquidity, and the Role of the Monopolist Specialist517 cited
  • 1999Effects of Market Reform on the Trading Costs and Depths of Nasdaq Stocks327 cited
  • 1997Competition and Collusion in Dealer Markets178 cited
  • 1997Third Market Broker-Dealers: Cost Competitors or Cream Skimmers?172 cited
  • 1997Clustering and Competition in Asset Markets147 cited
  • 1997The Law and Economics of Best Execution145 cited
  • 1997Do Competing Specialists and Preferencing Dealers Affect Market Quality?137 cited
  • 1997Bid-ask spreads and the avoidance of odd-eighth quotes on Nasdaq: An examination of exchange listings128 cited
  • 1995Market Making, the Tick Size, and Payment-for-Order Flow: Theory and Evidence125 cited
  • 1997Entry, Exit, Market Makers, and the Bid-Ask Spread105 cited
  • 1997Nasdaq market structure and spread patterns

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102 cited
  • 1996Why Nasdaq market makers avoid odd-eighth quotes87 cited
  • Cited by

    • 2006Competition on the Nasdaq and the growth of electronic communication networks50 cited
    • 2019Tick Size, Trading Strategies and Market Quality36 cited
    • 2002Does the Limit Order Routing Decision Matter?36 cited
    • 2005Is Best Really Better? Internalization in Xetra Best30 cited
    • 2024Siphoned apart: A portfolio perspective on order flow segmentation24 cited
    • 2006The impact of preferencing on execution quality24 cited
    • 2012Informed Trading and Maker-Taker Fees in a Low-Latency Limit Order Market24 cited