A new type of Automated Market Makers (AMMs) powered by Blockchain technology keep liquidity on-chain and offer …

-frequency trading. We explain how IEX differs from traditional continuous double auction markets and present summary data on IEX … of the continuous double auction. The model predicts that IEX will generally improve price efficiency and lower …

equilibrium model of this exchange design as a modification of the standard continuous double auction market format. The model …

We study the behavioral dynamics of limit orders in simultaneous experimental call-auction markets with multiple …

The purpose of this paper is to compare the two auction techniques (discriminatory and uniform-price auctions) most … auction. Theoretical models arrive at different rankings for expected revenue; however, they do reveal the relationship … between the bids submitted and the auction technique. These results are confirmed both by 'laborator' experiments and the …

, efficiency and auction stage interest rate levels and volatility. Most importantly, we ask which mechanism is the best at … comes at the cost of less revenue compared to the revenue maximizing discriminatory price auction, but surprisingly, will … not result in efficiency losses compared even to the Vickrey auction …

information content of the pre-market auction session over time. We derive that the information content of the pre opening auction …