Article ID Journal Published Year Pages File Type
5107364 Research in International Business and Finance 2017 25 Pages PDF
Abstract
The results show some tendency toward markets actually splitting into two-tiers: they confirm previous findings of HF traders' tendency to deal with their similar counterparts in case of thin bid-ask spread (which means higher probability of profits for the aggressive side), leaving mostly LF traders to deal amongst themselves when the spread is wider, so aiming at long-term gain (which makes trading inherently riskier).
Related Topics
Social Sciences and Humanities Business, Management and Accounting Business and International Management
Authors
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