A Good Beginning Makes a Good Market: The Effect of Different Market Opening Structures on Market Quality
Hinterleitner, G. | Leopold-Wildburger, U. | Mestel, R. | Palan, S.
Scientific World Journal · 2015
Paper studying the impact of market opening structure (transparent/intransparent call auction followed by a continuous double auction, or stand-alone continuous double auction) on market efficiency in a market with homogenously informed traders.