Cornell University. We thank Charles Jones, Charles Lee, George Sofianos, and seminar participants at Cornell University, the University of Iowa, the London Business School, Stanford University, the University of Utah, and Washington University for helpful comments. We also thank Joseph Paperman and Fan Xu for programming assistance. This research is supported by National Science Foundation Grant SBR93-20889.
Cream-Skimming or Profit-Sharing? The Curious Role of Purchased Order Flow
Article first published online: 30 APR 2012
1996 The American Finance Association
The Journal of Finance
Volume 51, Issue 3, pages 811–833, July 1996
How to Cite
EASLEY, D., KIEFER, N. M. and O'HARA, M. (1996), Cream-Skimming or Profit-Sharing? The Curious Role of Purchased Order Flow. The Journal of Finance, 51: 811–833. doi: 10.1111/j.1540-6261.1996.tb02708.x
- Issue published online: 30 APR 2012
- Article first published online: 30 APR 2012
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