Market Microstructure - 8023 Words
Market Microstructure Hans R. Stoll Owen Graduate School of Management Vanderbilt University Nashville, TN 37203 Hans.Stoll@Owen.Vanderbilt.edu
Financial Markets Research Center Working paper Nr. 01- 16
First draft: July 3, 2001 This version: August 15, 2002 Corrected May 19, 2003
Forthcoming Handbook of the Economics of Finance, edited by G.M. Constantinides, M. Harris, and R. Stulz, 2003, Elsevier Science B.V.
JEL classification: G20, G24, G28, G10, G14. Key words: bid-ask spread;...
8,023 Words | 24 Pages