Automation, speed, and stock market quality: The NYSE's hybrid
T Hendershott, PC Moulton - Journal of Financial Markets, 2011 - Elsevier
Automation and trading speed are increasingly important aspects of competition among
financial markets. Yet we know little about how changing a market's automation and speed …
financial markets. Yet we know little about how changing a market's automation and speed …
Earnings announcements and attention constraints: The role of market design
B Chakrabarty, PC Moulton - Journal of Accounting and Economics, 2012 - Elsevier
We identify a new channel–market makers' attention constraints–through which earnings
announcements for one stock affect the liquidity of other stocks. When some stocks handled …
announcements for one stock affect the liquidity of other stocks. When some stocks handled …
[CITATION][C] Earning more attention: the impact of market design on attention constraints
B Chakrabarty, P Moulton - 2009 - mimeo, Fordham Graduate School of …
[CITATION][C] The role of market design in alleviating attention constraints
B Chakrabarty, PC Moulton - Available at SSRN 1569672, 2010