برچسب: Bund Fut
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Frino, Mcinish And Toner-The Liquidity Of Automated Exchange s – New Evidence From German Bund Fut
Automated Exchange Previous literature has suggested that automated exchanges such as the Deutsche Terminborse (DTB) may be less liquid than their open-outcry counterparts such as the London International Financial Futures Exchange (LIFFE), although evidence provided on this issue has been mixed. This paper provides new evidence on the relative magnitudes of bid-ask spreads in the […]