We develop a testable hypothesis that trade-based manipulation as proxied by the daily
incidence of ramping alerts raises execution costs for completing larger trades on 34 …

We develop a framework for assessing security market quality (MQ), relating five elements of
market design to three metrics of market integrity and two metrics of market efficiency. We …

New e-markets try in a number of ways to attract a critical mass of participation and usage.
Two innovative, all-electronic options exchanges, the International Securities Exchange …

This dissertation is motivated by two major factors. First, there have been no direct studies
conducted for the relationship between market integrity and market efficiency and the driving …

Mergers are thought to be correlated with or even caused by exchange demutualization and
strengthening global competition.• Technological advances are discussed in the scholarly …

An empirical analysis of the limit order book and the order flow in the Singapore Exchange
equities market Page 1 An empirical analysis of the limit order book and the order flow in …