Visaltanachoti, Nuttawat; Charoenwong, Charlie; Ding, … - In: International Review of Financial Analysis 17 (2008) 2, pp. 291-311
The liquidity distribution, or the shape of the limit order book, influences trading behavior and choice of order submission by public liquidity suppliers. The present study seeks to discover whether liquidity providers are concerned about being picked off by informed traders, and whether they...
