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Showing 1 to 4 of 4 for “"Hidden Orders"”.

  1. Three essays on market transparency

    … studies the influence and informational role of hidden orders in the U.S. equity markets. I find that as much as 20 percent of trading volume is executed against hidden orders in NASDAQ, and 16 percent of time the best bid and offer is represented by hidden orders. The observed bid-ask spread is …

    uiuc Repository record for Three essays on market transparency (opens in a new tab)

  2. A Theory for Market Impact: How Order Flow Affects Stock Price

    … a quantitative theory for the market impact of hidden orders (orders that reflect the true intention of buying and selling) that matches the empirically measured result and that reproduces some of the non-trivial and universal properties of stock returns (returns are percent changes in stock …

    uiuc Repository record for A Theory for Market Impact: How Order Flow Affects Stock Price (opens in a new tab)

  3. Two Essays on Financial Economics

    … two presents the paper entitled ""Eighthing and Hidden Limit Orders"". It explores how strategic traders can exploit the implicit inelastic demand in large limit orders by submitting their own limit orders that offer (generally) one tick price improvement, and then using the large limit order as …

    uiuc Repository record for Two Essays on Financial Economics (opens in a new tab)

  4. Ultrafast Probing of Nonlinear Dynamics in Quantum Materials: Beyond Linear Response Probes

    … electron-electron coupling, which can result in hidden orders and spectral features still under debate. Recent advances in ultrafast laser technology have made it possible to study the dynamical behavior of solids that remains hidden to equilibrium probes. Novel spectroscopy techniques, such as …

    mit Repository record for Ultrafast Probing of Nonlinear Dynamics in Quantum Materials: Beyond Linear Response Probes (opens in a new tab)