The market quality implications of speed in cross-platform trading: evidence from Frankfurt-London microwave
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- Nimalendran, Mahendrarajah & Rzayev, Khaladdin & Sagade, Satchit, 2024. "High-frequency trading in the stock market and the costs of options market making," Journal of Financial Economics, Elsevier, vol. 159(C).
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More about this item
Keywords
transmission latency; microwave connection; high-frequency trading; liquidity; price discovery;All these keywords.
JEL classification:
- G14 - Financial Economics - - General Financial Markets - - - Information and Market Efficiency; Event Studies; Insider Trading
- G10 - Financial Economics - - General Financial Markets - - - General (includes Measurement and Data)
NEP fields
This paper has been announced in the following NEP Reports:- NEP-MST-2024-01-29 (Market Microstructure)
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