Keywords: Fragmentation
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Journal Articles
International Journal of Managerial Finance (2016) 12 (4): 381–407.
Published: 01 August 2016
...P. Joakim Westerholm; Benjamin Clapham; Kai Zimmermann Purpose – The purpose of this paper is to study price discovery and price convergence in securities trading within a fragmented market environment where stocks are traded on multiple venues. The results provide novel empirical insights...

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