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This paper presents some new results on the price discovery process in both the Canadian and U.S. 10-year Government … BrokerTec. In general, we find that relatively more price discovery occurs in the futures markets than the cash markets in both … improvements in the spot market BrokerTec platform. Day-to-day variation in price discovery information shares is related to bid …
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This study explores empirically the price dynamics within two distinct market institutions - a double oral auction …
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