This paper investigates increased liquidity provision by market makers resulting from their ability to reduce balance …-by-trade data from sovereign bond markets, we show that liquidity provision by CCP members decreased to a lesser extent following …

market quality in various dimensions, including liquidity, volatility, and price efficiency. Next, we identify possible …

explore a sharp uptrend in HFT activities and accompanying improvement in market liquidity in the European market. We show …

The studies concerning commonality in liquidity on emerging markets in Central and Eastern Europe are scarce and, in … particular, they do not utilize the Principal Component Analysis (PCA) to identify latent factors in liquidity. Therefore, the … main aim of this research is to assess commonality in liquidity on the Warsaw Stock Exchange (WSE) with the use of the PCA …

level of market uncertainty and the degree of algorithmic versus human trading. Our results show that liquidity increases … initially as AT rises to about 10% share of the market; beyond this point, liquidity increases only marginally. Statistical …

volatility, but liquidity was reduced; (2) liquidity deterioration affected more the sell than the buy side of the LOB; (3) high …-frequency activity (HFT) diminished during SSR, reinforcing volatility; (4) negative effects on liquidity and HFT diminished and …

observed patterns. Also, we find limit order books to be relatively shallow and liquidity costs to be relatively high when …