all the time, and which match counterparties using a pro-rata rule. These four markets' offered depths at the quotes on …

all the time, and which match counterparties using a pro-rata rule. These four markets' offered depths at the quotes on …

behavior of spreads, depths, returns and volume. We find that the spreads follow an L-shaped pattern whereas returns, number of … time intervals in a given day. Another result is that traders use spreads and depths simultaneously to implement their … strategies, i.e., wide spreads are accompanied by low depths and vice versa. We also find that spreads are higher on average for …

behavior of spreads, depths, returns and volume. We find that the spreads follow an L-shaped pattern whereas returns, number of … time intervals in a given day. Another result is that traders use spreads and depths simultaneously to implement their … strategies, i.e., wide spreads are accompanied by low depths and vice versa. We also find that spreads are higher on average for …

We examine the intraday behavior of spreads, depths, returns and volume on the Istanbul Stock Exchange by using … trades and volume follow a U-shaped pattern. Another result is that traders use spreads and depths simultaneously to … detailed order and transaction data for all stocks. We find that spreads follow an L-shaped pattern whereas returns, number of …

activity, which, in turn, enhances market efficiency. Market efficiency also varies with information environment. The results … show that stocks with greater information-based trading exhibit higher level of efficiency. Finally, market structure … speed at which new information is impounded into the price. There is also limited evidence regarding how liquidity provision …