Eighths, Sixteenths and Market Depth: Changes in Tick Size and Liquidity Provision on the Nyse

Continuous Auctions and Insider Trading

1985 • 9,651 citations

Liquidity and Market Structure

1988 • 1,528 citations

Spreads, Depths, and the Impact of Earnings Information: An Intraday Analysis

1993 • 1,050 citations

Minimum Price Variations, Discrete Bid–Ask Spreads, and Quotation Sizes

1994 • 659 citations

Liquidity Provision with Limit Orders and a Strategic Specialist

1997 • 543 citations

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

1996 • 432 citations

Limit Order Trading

1996 • 410 citations

Tick Size, Share Prices, and Stock Splits

1997 • 377 citations

A Specialist's Quoted Depth and the Limit Order Book

1999 • 293 citations

The Impact of Decimalization on Market Quality: An Empirical Investigation of the Toronto Stock Exchange

1997 • 212 citations

Tick Size, Spread, and Volume

1996 • 176 citations

Does a Large Minimum Price Variation Encourage Order Exposure

1996 • 134 citations

Decimalization and competition among stock markets: Evidence from the Toronto Stock Exchange cross-listed securities

1998 • 132 citations

Market Making, the Tick Size, and Payment-for-Order Flow: Theory and Evidence

1995 • 129 citations

Adverse selection and bid–ask spreads: Evidence from closed-end funds

1998 • 128 citations

Market Making with Discrete Prices

1998 • 121 citations

Are “Teenies” Better?

1998 • 115 citations

Tick Size and Market Quality

1997 • 115 citations

Nasdaq market structure and spread patterns

1997 • 113 citations

The Specialist's Discretion: Stopped Orders and Price Improvement

1999 • 112 citations

Minimum Price Variations, Time Priority, and Quote Dynamics

1999 • 109 citations

The trades of NYSE floor brokers

2000 • 99 citations

Decimalization: A Review of the Arguments and Evidence

1997 • 93 citations

Displayed and Effective Spreads By Market

1992 • 53 citations

Decimalization And Market Quality

1996 • 38 citations

Tick Size, Spread and Volume

1998 • 35 citations

Discrete Pricing and the Design of Dealership Markets

1996 • 33 citations

Decimalization and Competition Among Exchanges: Evidence from the Toronto Stock Exchange Cross-Listed Securities

1996 • 28 citations

Breaking the Eighth: Sixteenths on the New York Stock Exchange

1998 • 24 citations

Endogenous Changes in the Minimum Tick: An Analysis of Nasdaq Securities Trading Near Ten Dollars

1997 • 22 citations

The Specialist's Discretion: Stopped Orders and Price Improvement

1999 • 16 citations

Tinkering with Ticks: Choosing Minimum Price Variation for US Equity Markets (1996 Version)

1997 • 13 citations

Decimal Stock Pricing: Dragging the Securities Industry into the Twenty-First Century

1993 • 13 citations

Tick size, market liquidity and trading volume : evidence from the Stockholm Stock Exchange

2012 • 13 citations