Tick size, liquid stocks and market quality: Evidence from a natural experiment in a unique setting
We study the causal impacts of a tick size reduction policy in highly liquid stocks, exploiting a unique experiment in Borsa Istanbul leading to substantial exogenous variation in the tick size. Adapting a differences-in-differences strategy with a novel limit order and trade book data with intraday...
Zapisane w:
| Główni autorzy: | , |
|---|---|
| Format: | Artigo |
| Język: | Inglês |
| Wydane: |
Elsevier
2023-09-01
|
| Seria: | Borsa Istanbul Review |
| Hasła przedmiotowe: | |
| Dostęp online: | http://www.sciencedirect.com/science/article/pii/S2214845023000807 |
| Etykiety: |
Nie ma etykietki, Dołącz pierwszą etykiete!
|