Market vs. Limit Orders: The SuperDOT Evidence on Order Submission Strategy

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

1985 • 6,148 citations

Price, trade size, and information in securities markets

1987 • 2,249 citations

An Empirical Analysis of the Limit Order Book and the Order Flow in the Paris Bourse

1995 • 1,102 citations

The Only Game in Town

1971 • 899 citations

A transaction data study of weekly and intradaily patterns in stock returns

1986 • 828 citations

The implementation shortfall

1988 • 466 citations

Transaction Costs, Order Placement Strategy, and Existence of the Bid-Ask Spread

1981 • 394 citations

Day-of-the-week and intraday effects in stock returns

1986 • 339 citations

Posted versus effective spreads

1994 • 285 citations

The Total Cost of Transactions on the NYSE

1988 • 283 citations

Market Integration and Price Execution for NYSE‐Listed Securities

1993 • 252 citations

An Integrated Model of Market and Limit Orders

1995 • 230 citations

Building blocks

1987 • 110 citations

Limit and Market Orders with Optimizing Traders

1994 • 51 citations

Differences in Execution Prices Among the NYSE, the Regionals, and the NASD

1991 • 29 citations