Search Results - subject:"Payment for order flow"

Hoffmann, Peter; Jank, Stephan - 2024

This paper uses regulatory data to assess the value of retail order flow in the German equity market. To this end, we examine the performance of specialized retail market makers (RMMs) that internalize a large share of retail activity via affiliated trading venues. We show that retail market...

Persistent link: https://www.econbiz.de/10015051000

Trading volume shares and market quality : pre- and post- zero commissions

Jain, Pankaj K.; Mishra, Suchismita; O'Donoghue, Shawn M.; … - In: Journal of empirical finance 79 (2024), pp. 1-26

Persistent link: https://www.econbiz.de/10015179727

What is the value of retail order flow?

Hoffmann, Peter; Jank, Stephan - 2024

Persistent link: https://www.econbiz.de/10015048481

The rise of social sentiment and payment for order flow : new implications for non-fundamental information in financial markets

Russ, David - 2022

Persistent link: https://www.econbiz.de/10013279193

Payment for Order Flow And Asset Choice

Ernst, Thomas; Spatt, Chester S. - National Bureau of Economic Research - 2022

The paper documents important differences in payment for order flow (PFOF), spreads, and price improvement across asset …

Persistent link: https://www.econbiz.de/10013172182

Internalisierung und Marktqualität: Was bringt Xetra Best?

Theissen, Erik - 2002

of retail customers. Further, Xetra Best supports payment for order flow arrangements. Both internalization and payment … for order flow may be detrimental to market quality. This paper discusses advantages and disadvantages of these …

Persistent link: https://www.econbiz.de/10010298231

Internalisierung und Marktqualität: Was bringt Xetra Best?

Theissen, Erik - Center for Financial Studies - 2002

Persistent link: https://www.econbiz.de/10010986401