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Anatomy Of Satellite Trading In The National Market System For Nyse-Listed Stocks

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  • James L. Hamilton

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  • James L. Hamilton, 1995. "Anatomy Of Satellite Trading In The National Market System For Nyse-Listed Stocks," Journal of Financial Research, Southern Finance Association;Southwestern Finance Association, vol. 18(2), pages 189-206, June.
    • Handle: RePEc:bla:jfnres:v:18:y:1995:i:2:p:189-206
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    File URL: http://hdl.handle.net/10.1111/j.1475-6803.1995.tb00561.x
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    References listed on IDEAS

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    1. Foster, F Douglas & Viswanathan, S, 1993. "Variations in Trading Volume, Return Volatility, and Trading Costs: Evidence on Recent Price Formation Models," Journal of Finance, American Finance Association, vol. 48(1), pages 187-211, March.
    2. Stoll, Hans R, 1978. "The Pricing of Security Dealer Services: An Empirical Study of NASDAQ Stocks," Journal of Finance, American Finance Association, vol. 33(4), pages 1153-1172, September.
    3. Cohen, Kalman J. & Maier, Steven F. & Ness, Walter Jr. & Okuda, Hitoshi & Schwartz, Robert A. & Whitcomb, David K., 1977. "The impact of designated market makers on security prices," Journal of Banking & Finance, Elsevier, vol. 1(3), pages 219-247, November.
    4. Hamilton, James L, 1987. "Off-Board Trading of NYSE-Listed Stocks: The Effects of Degregulation and the National Market System," Journal of Finance, American Finance Association, vol. 42(5), pages 1331-1345, December.
    5. Neal, Robert, 1987. "Potential Competition and Actual Competition in Equity Options," Journal of Finance, American Finance Association, vol. 42(3), pages 511-531, July.
    6. Lee, Charles M C, 1993. "Market Integration and Price Execution for NYSE-Listed Securities," Journal of Finance, American Finance Association, vol. 48(3), pages 1009-1038, July.
    7. Anat R. Admati, Paul Pfleiderer, 1988. "A Theory of Intraday Patterns: Volume and Price Variability," Review of Financial Studies, Society for Financial Studies, vol. 1(1), pages 3-40.
    8. Harold Demsetz, 1968. "The Cost of Transacting," The Quarterly Journal of Economics, President and Fellows of Harvard College, vol. 82(1), pages 33-53.
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    Cited by:

    1. Porter, David C. & Thatcher, John G., 1998. "Fragmentation, competition, and limit orders: New evidence from interday spreads," The Quarterly Review of Economics and Finance, Elsevier, vol. 38(1), pages 111-128.
    2. McInish, Thomas H. & Van Ness, Bonnie F. & Van Ness, Robert A., 2002. "After-hours trading of NYSE stocks on the regional stock exchanges," Review of Financial Economics, Elsevier, vol. 11(4), pages 287-297.

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