Sixteenths: direct evidence on institutional execution costs

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

1996 • 1,096 citations

Transactions costs and investment style: an inter-exchange analysis of institutional equity trades

1997 • 658 citations

Liquidity Provision with Limit Orders and a Strategic Specialist

1997 • 543 citations

Anatomy of the trading process empirical evidence on the behavior of institutional traders

1995 • 484 citations

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

1996 • 432 citations

Eighths, sixteenths, and market depth: changes in tick size and liquidity provision on the NYSE

2000 • 412 citations

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

1999 • 351 citations

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

1997 • 346 citations

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

1994 • 220 citations

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

1997 • 212 citations

Liquidity , Trading Rules and Electronic Trading Systems .

1990 • 208 citations

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

1998 • 132 citations

Market Making with Discrete Prices

1998 • 121 citations

Are “Teenies” Better?

1998 • 115 citations

Tick Size and Market Quality

1997 • 115 citations

Decimalization: A Review of the Arguments and Evidence

1997 • 93 citations

Execution Costs of Institutional Equity Orders

1999 • 72 citations

Equity Trading Practices and Market Structure: Assessing Asset Managers’ Demand for Immediacy

2001 • 45 citations

Decimalization And Market Quality

1996 • 38 citations

Liquidity Provision During Circuit Breakers and Extreme Market Movements

2000 • 36 citations

Institutional Trading and Soft Dollars

1998 • 31 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