Market Sidedness: Insights into Motives for Trade Initiation
نویسندگان
چکیده
منابع مشابه
Two-Sided Markets and Intertemporal Trade Clustering: Insights into Trading Motives
We show that equity markets are typically two-sided and that trades cluster in certain trading intervals for both NYSE and Nasdaq stocks under a broad range of conditions— news and non-news days, different times of the day, and a spectrum of trade sizes. By “two-sided” we mean that the arrivals of buyer-initiated and seller-initiated trades are positively correlated; by “trade clustering” we me...
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