Edelen, Roger M. (contributor); Gervais, Simon (contributor) - 2001 - [Elektronische Ressource]
Stock Exchange, Inc.
Twin Capital Management, Inc.
Members
Aronson + Partners
Credit Suisse Asset Management
Exxon … intermediary for every trade
in a particular stock, the specialist has intimate knowledge of the order flow, trading crowd, and … precise
(imprecise) knowledge of the efficiency of specialist i’s price schedule when ˜p
i
is close to
1
2
(zero).
8
For …