Keywords: Market microstructure
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Journal Articles
Journal Articles
Managerial Finance (2016) 42 (2): 118–135.
Published: 08 February 2016
... finance Liquidity Market microstructure Asset pricing International markets Liquidity commonality Liquidity, or the ease with which an asset can be traded in a timely manner at low cost, plays an important role in financial markets. A severe liquidity decline is widely cited as an important...
Journal Articles
Managerial Finance (2011) 37 (11): 978–984.
Published: 27 September 2011
.... Markellos can be contacted at: rmarkel@aueb.gr © Emerald Group Publishing Limited 2011 Options markets Stock markets Financial markets Prices American options Bermudan options Market microstructure A further complication arises from the fact that early exercise is effectively...
Journal Articles
Managerial Finance (2005) 31 (8): 47–57.
Published: 01 August 2005
... empirical evidence that the likelihood of a transaction is inversely proportional to the effective bid‐ask spread. © Emerald Group Publishing Limited 2005 Market microstructure Bid‐ask spread Foreign currency options Volume 30 Number 8 2005 47 The Effective Bid-Ask Spread and Transaction...

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