Should Ecns Be Soes-Able?
Rutgers University Dept. of Economics Working Paper No. 2000-10
19 Pages Posted: 29 May 2002
Date Written: July 2000
Abstract
This paper documents the significant role of ECNs in forming the inside market in NASDAQ securities. We argue that the ECNs need to be exposed to market orders through the SOES system.
Keywords: ECN, Microstructure, NASDAQ, SOES
JEL Classification: G1, G14
Suggested Citation: Suggested Citation
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