| Titre | Effet des modes de négociation sur les échanges | |
|---|---|---|
| Auteur | Christian Gouriéroux, Gaëlle Le Fol | |
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Revue | Revue économique |
| Numéro | vol. 49, no. 3, 1998 Développements récents de l'analyse économique (46è congrès annuel de l'Association française de science économique, 1997) | |
| Page | 795-808 | |
| Résumé |
The effect of matching procedures on trades
The trading systems used on financial markets differ in terms of matching procedures, selected norms to write contracts, existence or not of intermediaries to ensure liquidity, market transparency... We are interested in measuring the direct effect on market specifics of a matching procedure modification namely, the matching frequency and the choice of a unique or multiple prices for the contracts concluded simultaneously. Source : Éditeur (via Persée) |
|
| Résumé anglais |
The effect of matching procedures on trades
The trading systems used on financial markets differ in terms of matching procedures, selected norms to write contracts, existence or not of intermediaries to ensure liquidity, market transparency... We are interested in measuring the direct effect on market specifics of a matching procedure modification namely, the matching frequency and the choice of a unique or multiple prices for the contracts concluded simultaneously. Source : Éditeur (via Persée) |
|
| Article en ligne | http://www.persee.fr/web/revues/home/prescript/article/reco_0035-2764_1998_num_49_3_410011 |
