Journal ArticleDOI
Institutional Trading and the Changing Stock Market
About:
This article is published in Financial Analysts Journal.The article was published on 1971-05-01. It has received 5 citations till now. The article focuses on the topics: Stock market & Alternative trading system.read more
Citations
More filters
Journal ArticleDOI
Building blocks: An introduction to block trading☆
Kenneth Burdett,Maureen O'Hara +1 more
TL;DR: The block trader's optimal strategy for building a syndicate of buyers and sellers is determined in the context of a sequential decision model and how his actions are influenced by information he learns during his syndication activities is analyzed.
Journal ArticleDOI
Institutions on Trial: Not Guilty!
TL;DR: In this paper, a direct analysis of the relationship between institutional transactions and stock price volatility during the past twelve years is presented, showing that there is a very real divergence between the prevailing belief on Wall Street and indirect empirical evidence.
Journal ArticleDOI
The Effect of Dual Markets on Common Stock Market Making
TL;DR: In the early 1970s, the National Association of Security Dealers Automatic Quotation (NASDAQ) system began including bid-and-ask quotations for 30 stocks listed on the New York Stock Exchange (NYSE) as mentioned in this paper.
Journal Article
The Effect of Automation on Trading Volumes of Listed Companies at the Nairobi Securities Exchange, Kenya
TL;DR: In this paper, the effect of automation on trading volume of companies based on a study of companies listed on the Nairobi Securities Exchange was examined for periods between year 2003 and 2009; therefore, to ascertain the cause-effect relationship, the study took three years behind and three years ahead in order to eliminate any seasonability effects.
Journal ArticleDOI
Comment: Stock Market Reforms
TL;DR: This paper summarized the major points of Farrar and Mendelson's work and agreed with almost all of their conclusions regarding the reforms which have taken place and the beneficial effects of these reforms and discussed one adverse effect of the institutional market not remedied by the reforms.