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Effects of Market Reform on the Trading Costs and Depths of Nasdaq Stocks

Data up to Jan 2025

Published1999
Citations351
References26

Total Citations Per Year

Abstract

References (26)

Dealer versus auction markets: A paired comparison of execution costs on NASDAQ and the NYSE

1996 • 1,096 citations

An Analysis of Intraday Patterns in Bid/Ask Spreads for NYSE Stocks

1992 • 906 citations

Why do NASDAQ Market Makers Avoid Odd‐Eighth Quotes?

1994 • 792 citations

A Comparison of Trade Execution Costs for NYSE and NASDAQ-Listed Stocks

1997 • 346 citations

Market Structure and the Intraday Pattern of Bid-Ask Spreads for NASDAQ Securities

1995 • 342 citations

Why Did NASDAQ Market Makers Stop Avoiding Odd‐Eighth Quotes?

1994 • 336 citations

Market Structures and Liquidity: A Transactions Data Study of Exchange Listings

1994 • 220 citations

Competition and Collusion in Dealer Markets

1997 • 182 citations

Clustering and Competition in Asset Markets

1997 • 156 citations

Bid-ask spreads and the avoidance of odd-eighth quotes on Nasdaq: An examination of exchange listings

1997 • 149 citations

The trading profits of SOES bandits

1998 • 117 citations

Entry, Exit, Market Makers, and the Bid-Ask Spread

1997 • 115 citations

Nasdaq market structure and spread patterns

1997 • 113 citations

Why Nasdaq market makers avoid odd-eighth quotes

1996 • 97 citations

The degree of price resolution and equity trading costs

1997 • 79 citations

When It's Not The Only Game in Town: The Effect of Bilateral Search on the Quality of a Dealer Market

1997 • 69 citations

The importance of firm quotes and rapid executions: Evidence from the January 1994 SOES rules changes

1997 • 68 citations

The initiation and withdrawal of odd-eighth quotes among Nasdaq stocks: an empirical analysis

1999 • 54 citations

Limit orders and the alleged Nasdaq collusion

1997 • 36 citations

Why Do Christie and Schultz Infer Collusion from Their Data

1998 • 35 citations

The Bid-Ask Spreads of Nasdaq Stocks That Quote on Even Eighths

1998 • 12 citations

Do Nasdaq Market Makers Collude? Evidence from 19c-3 Stocks

1995 • 11 citations

Dealer Markets Under Stress: The Performance of NASDAQ Market Makers During the November 15, 1991, Market Break

1998 • 8 citations

Untitled

1998 • 6 citations

The Opportunity For Conspiracy In Asset Markets Organized With Dealer Intermediaries

1999 • 6 citations

Multidimensional Competition on NASDAQ: Did Traders Gain When Dealers Stopped Avoiding Odd-Eighth Quotes?

1996 • 2 citations

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Effects of Market Reform on the Trading Costs and Depths of Nasdaq Stocks (1999) – The Journal of Finance | Metascience Observatory Explorer