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Decimalization, adverse selection, and market maker rents

Authors :
Bacidore, Jeffrey M.
Source :
Journal of Banking & Finance. May, 2001, Vol. 25 Issue 5, p829, 28 p.
Publication Year :
2001

Abstract

This study examines the issue of decimalization and how it impacts the information acquisition decision of traders.

Details

ISSN :
03784266
Volume :
25
Issue :
5
Database :
Gale General OneFile
Journal :
Journal of Banking & Finance
Publication Type :
Periodical
Accession number :
edsgcl.75021104