Informed Speculation and Hedging in a Noncompetitive Securities Market

Continuous Auctions and Insider Trading

1985 • 9,651 citations

Bid, ask and transaction prices in a specialist market with heterogeneously informed traders

1985 • 6,148 citations

A Theory of Intraday Patterns: Volume and Price Variability

1988 • 3,251 citations

Price, trade size, and information in securities markets

1987 • 2,249 citations

Liquidity and Market Structure

1988 • 1,528 citations

A Theory of the Interday Variations in Volume, Variance, and Trading Costs in Securities Markets

1990 • 818 citations

Long‐Lived Private Information and Imperfect Competition

1992 • 781 citations

Trading Volume and Asset Liquidity

1989 • 663 citations

Multimarket Trading and Market Liquidity

1991 • 634 citations

A Theory of Trading in Stock Index Futures

1991 • 579 citations

Insider Trading, Liquidity, and the Role of the Monopolist Specialist

1989 • 550 citations

Insider Trading and the Efficiency of Stock Prices

1992 • 459 citations

Disclosure Decisions by Firms and the Competition for Price Efficiency

1989 • 432 citations

Risk Aversion, Market Liquidity, and Price Efficiency

1991 • 337 citations

Insiders, Outsiders, and Market Breakdowns

1991 • 270 citations

Futures Manipulation with “Cash Settlement”

1992 • 226 citations

Selling and Trading on Information in Financial Markets

1988 • 204 citations

Liquidity and Market Structure

1988 • 193 citations

Market structure, information, futures markets, and price formation.

1984 • 191 citations

Long-Lived Private Information and Imperfect Competition

1992 • 189 citations

The Efficient Market Hypothesis and Insider Trading on the Stock Market

1990 • 162 citations

Futures Manipulation with "Cash Settlement"

1992 • 99 citations

Disclosure Decisions by Firms and the Competition for Price Efficiency

1989 • 62 citations

Trading Costs, Liquidity, and Asset Holdings

1991 • 50 citations

International Agricultural Trade: Advanced Readings In Price Formation, Market Structure, And Price Instability

1984 • 42 citations

Crowding Out and the Informativeness of Security Prices

1993 • 23 citations

Insider Trading and asset Pricing in an Imperfectly Competitive Multi- Secrity Market

1989 • 12 citations

Information And Index Arbitrage

1990 • 7 citations

FUTURE MANIPULATION WITH "CASH SETTLEMENT"

1990 • 5 citations