The paper examines intra–day share price volatility over the year 2000 for five market centres:
the New York Stock Exchange, Nasdaq, the London Stock Exchange, Euronext Paris and …

In equity markets, the opening and closing of trading are particularly stressful periods.
Ozenbas, Pagano, and Schwartz investigate the quality of price determination at these times (…

The implementation of a closing call auction on market quality and volatility is examined at
Borsa Istanbul in Turkey. Using 5- and 15-minute intervals, we document the accentuated …

Çocukları topluma hazırlayan bir eğitim kurumu olarak okullar, değerlerinkazandırılmasında
oldukça etkilidir.Okulların temel amacı, hem akademik açıdan başarılı hem de temel …

Trading friction leads into accentuated stock price volatility over the short term. As such,
short-term accentuated volatility can be viewed as symptomatic of a market with increased …

A call auction is a form of trading that died out in the pre-computer age but has made its
reentrance in electronic markets and is currently a significant component of major stock markets …

This article presents a brief historical perspective on the evolution of equity market structure
and considers implications microstructure analysis has had for improving market structure. …

This open access book addresses four standard business school subjects: microeconomics,
macroeconomics, finance and information systems as they relate to trading, liquidity, and …

For a simple reason, intra-day volatility is important not only to traders with very short
holding periods, but to longer term investors as well: volatility in brief time intervals is a …

High-frequency trading (HFT) firms are commonly thought of as the new market makers,
although, unlike traditional dealers, they have no affirmative obligation. The authors investigate …