We analyse the dynamics of liquidity in an electronic limit order book using the Exchange
Liquidity Measure (XLM), a measure of the cost of a roundtrip trade of given size V. We use …

In this paper we use the Exchange Liquidity Measure (XLM) to investigate into the time
dimension of liquidity. The XLM (V) measures the cost of a roundtrip trade of size V. Besides a …

New asset classes are originally distributed via over the counter channels; mostly negotiated,
traded, and settled on a bilateral and ad-hoc basis. Subsequently, the demand for …

Latency is one of the major issues in today’s electronic securities trading. The demand for
low latency services has increased tremendously since the advent of algorithmic trading. …

Latency is one of the major issues in today's trading business. Market participants have an
increasing demand for low latency services as more trading decisions are taken by computer …

Markets in Financial Instruments Directive – The Way forward in European Securities Markets
Integration? Michael Chlistalla, Page 1 Markets in Financial Instruments Directive – The Way …

Electronic order book trading has evolved in being recognized as the best‐practice for trading
small and mid‐sized orders. Yet, this mechanism does not properly address the needs of …

… In this study, U-Pb analyses of detrital zircons from the Snow Lake pendant have been
conducted to test for possible correlations with strata of the Cordilleran miogeocline, as well as …

… zircons are relatively enriched in Th and U but show similar Th/U to the zircons in the Benton
… 2 and 7) yielded zircons with Th and U concentrations and Th/U quite similar to those of our …

… has been dated at 222 Ma (U/Pb [Schweickert and Lahren, 1987]), and an ash-flow tuff
from the top of the sequence has yielded a U/Pb age of 201 Ma [Schweickert et al., 1994]. …