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Continuous Double-Sided Auctions in Foreign exchange Markets

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  • Wada, Ryosuke

Abstract

This work deals with the intra-day determination of foreign exchange rates. We have two objectives. The first is to suggest a microstructure model of the foreign exchange markets. The second is to explain certain empirical issues, using this model Auctions.

Suggested Citation

  • Wada, Ryosuke, 1993. "Continuous Double-Sided Auctions in Foreign exchange Markets," ビジネス創造センターディスカッション・ペーパー (Discussion papers of the Center for Business Creation) 10252/4181, Otaru University of Commerce.
    • Handle: RePEc:ota:busdis:10252/4181
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