Market microstructure studies the process by which investors' latent demands are ultimately translated into prices and volumes. This paper reviews the theoretical, empirical and experimental literature on market microstructure relating to: (1) price formation, including the dynamic process by which prices come to impound information, (2) market structure and design, including the relation betwe...

We demonstrate, for the first time to our knowledge, the generation of squeezed light by means of soliton self-phase modulation in microstructure fiber. We observe and characterize the formation of solitons in the microstructure fiber at 1550 nm. A maximum squeezing of 2.7 dB is observed, corresponding to 4.0 dB after correcting for detection losses. The dependence of this quantum-noise reducti...

INTRODUCTION We investigated the effect of progressive haemodilution on the dynamics of fibrin clot formation and clot microstructure using a novel rheological method. The technique measures clotting time (TGP), clot strength (G`GP), and quantifies clot microstructure (df) at the incipient stages of fibrin formation. We use computational modelling to examine the relationship between structure a...

Radiolitid rudists belonging to the genera Bournonia FISCHER, Biradiolites D’ORBIGNY and Thyrastylon CHUBB are abundant in the Upper Maastrichtian, Titanosarcolites Limestones (Guinea Corn Formation and other formations) of Jamaica. Although there is a large literature on these Jamaican forms (e.g., WHITFIELD, 1897; TRECHMANN, 1924; CHUBB, 1956, 1967, 1971), little information on their microstr...

Austenite formation and its decomposition control the final microstructure and performance of steel welds. This paper presents an in-situ characterization of austenite formation and its decomposition in both the fusion zone (FZ) and heat-affected zone (HAZ) of an Fe-C-Al-Mn steel using time-resolved X-ray diffraction (TRXRD) with synchrotron radiation. Measurement of X-ray diffraction spectra a...

Abstract Self compacting concrete (SCC) is a new construction material in the world. The aim of this research is to construct self compacting concrete with high compressive strength using combination of nano silica and micro silica. For this purpose, nano silica, micro silica, Portland cement type 2, superplasticizer (SP), and gravel and sand have been used. Three different groups of samples wi...

Because of the tremendous variability of crystallite sizes and shapes in nano-materials, it is challenging to assess the corresponding size-property relationships and to identify microstructures with particular physical properties or even optimized functions. This task is especially difficult for nanomaterials formed by self-organization, where the spontaneous evolution of microstructure and pr...

In the present study, effect of Ni alloying element on the characteristics of deposited weld metal of E7018-G electrode was evaluated. Therefore, electrodes contained different amounts of Ni (0-1.7wt.%) were designed, manufactured and welded via SMAW process. Microstructural studies revealed dichotomy effect of Ni on the deposited weld metal microstructure, i.e. increasing the Ni content up to ...

In the paper some results on the effects of chemo-physical evolution of clay-lime-water suspensions on the microstructure of a lime treated kaolin have been presented. A multi-scale investigation on the sedimentation behaviour of clay suspensions under different pore water chemistry has been developed highlighting the chemophysical mechanisms controlling particle arrangement and the soil fabric...