This analysis investigates how liquidity is affected by periods of high trade intensity. Using an orderbook constructed …'s liquidity in the milliseconds after the trade. Since we calculate liquidity over a period of 100 milliseconds after a trade, we … focus on liquidity provided by high-frequency traders. We find evidence consistent with larger bid-ask spreads leading to …

This paper presents the most extensive analysis of liquidity in the German equity market so far. We examine the … evolution of liquidity over time, the determinants of liquidity, and commonality across liquidity measures and countries. We … make use of a new publicly available dataset, the Market Microstructure Database Xetra (MMDB-Xetra). We find that liquidity …

variations in imperfectly-competitive liquidity provision. When measured in trade times of fixed dollar values, price impacts and …

ten companies from banking sector and service sector traded on the Bahrain Bourse for a period of 5 years commencing from … monthly returns for the study period except Bahrain Maritime and Mercantile International. The paper suggests that the absence … of said calendar anomaly may be due to thin trading practiced in the Bahrain stock exchange …

We evaluate whether the adoption of performance commitment clauses in M&A deals affects the corporate liquidity of … acquisitions are associated with lower liquidity, especially for deals paying incentives for target firms. The liquidity effect is … extent of liquidity management are two plausible channels for the liquidity effect. Overall, the findings demonstrate that …

, volume, and selected liquidity measures. We find clear evidence of periodic patterns matching the trading hours of the most …

This paper attempts to capture the relationship between stock market movements and its endogenous liquidity measures … resiliency dimensions of market liquidity using suitable liquidity measures (proxies). Findings suggest that multidimensional … liquidity measures like the volume of trade, spread, market efficiency coefficient, turnover rate, trading probability, and the …