[HTML][HTML] The market quality effects of sub-second frequent batch auctions: Evidence from dark trading restrictions
Z Zhang, G Ibikunle - International Review of Financial Analysis, 2023 - Elsevier
Recent European regulatory restrictions on dark trading induced an increase in sub-second
frequent batch/periodic auctions (PA). We exploit this development to investigate the effects …
frequent batch/periodic auctions (PA). We exploit this development to investigate the effects …