From the University of Pennsylvania. This paper is based on Chapter II of my dissertation from Cornell University. I thank Franklin Allen, Marshall Blume, David Easley, Margaret Forster, Thomas George, Lawrence Glosten, Mark Grinblatt, Robert Jarrow, Nicholas Kiefer, Robert Masson, Maureen O'Hara, Seymour Smidt, René Stulz (editor), and the anonymous referee for their valuable suggestions. Seminar participants at Carnegie-Mellon University, Cornell University, New York University, the University of California Santa Barbara, the University of North Carolina, the University of Pennsylvania, the University of Pittsburgh, the University of Southern California, Vanderbilt University, the Econometric Society Meetings, and the Berkeley Program in Finance provided many helpful comments. Support from the Geewax-Terker Research Fund is gratefully acknowledged.
Trading Mechanisms in Securities Markets
Article first published online: 30 APR 2012
1992 The American Finance Association
The Journal of Finance
Volume 47, Issue 2, pages 607–641, June 1992
How to Cite
MADHAVAN, A. (1992), Trading Mechanisms in Securities Markets. The Journal of Finance, 47: 607–641. doi: 10.1111/j.1540-6261.1992.tb04403.x
- Issue published online: 30 APR 2012
- Article first published online: 30 APR 2012
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