Effects of Electronic Trading on the Hang Seng Index Futures Market
This investigation of the switch from open-outcry trading to electronic trading on the Hang Seng Index (HSI) futures contract reveals that the bid–ask spread narrows and the futures price plays more of a role in information transmission. Factors, such as anonymity in trading and fast order execution...
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| Main Authors: | , , , |
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| Format: | text |
| Language: | English |
| Published: |
Institutional Knowledge at Singapore Management University
2005
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| Subjects: | |
| Online Access: | https://ink.library.smu.edu.sg/soe_research/453 https://ink.library.smu.edu.sg/context/soe_research/article/1452/viewcontent/1_s2.0_S1059056004000395_main.pdf |
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| Institution: | Singapore Management University |
| Language: | English |
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